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Re:Notes on Web3 by SkeuomorphicBee on Thursday November 18, 2021 @07:35PM (#29272425)
> Web3 is best understood as a game, or a game of games. I don’t intend that as a dig: it’s a really good game! Vast and open-ended, deeply social, with lots of scores to tally … AND you can win real money?? I mean, that’s terrific.

That is the best explanation of Web3, it is like one of those Reddit April's folks events, just a social game.

Re:Notes on Web3 by mmahemoff on Thursday November 18, 2021 @08:10PM (#29272647)
You might like Packy M's "The Great Online Game: How to Win the Internet."

https://www.notboring.co/p/the-great-online-game

I think it captures a lot of the current culture with crypto and NFTs. A lot of it reminds me of when reality TV began. Suddenly we had a new class of celebrities who weren't singers or actors. Reality TV stars, famous people whose claim to fame was being famous.

Circular logic. Positive fedback loops. You should "invest" in this NFT collection because look at how many other people are buying this NFT collection.

Web3 is more than speculative NFTs and I expect we'll see some important things come out of it, just with a lot of surprises and broken expectations along the way.

Re:Notes on Web3 by Traubenfuchs on Friday November 19, 2021 @03:35AM (#29275054)
> we'll see some important things come out of it

Like... what?

Re:Notes on Web3 by mmahemoff on Friday November 19, 2021 @05:37PM (#29283523)
Like decentralised compute - putting idle CPUs and energy to use. How far that can be taken remains to be seen.
Re:Notes on Web3 by Traubenfuchs on Saturday November 20, 2021 @01:55AM (#29286122)
Ah, you mean seti@home? That‘s like 22 yeas old.
Re:Notes on Web3 by pcthrowaway on Friday November 19, 2021 @06:18AM (#29276063)
I look at many projects, token issuances, and defi protocols, as economic and social experiments.
Re:Notes on Web3 by textbookrental on Thursday November 18, 2021 @07:43PM (#29272478)
I think it is best understood as a bunch of crypto millionaires sucking each other's dicks.
Re:Notes on Web3 by dang on Friday November 19, 2021 @04:44PM (#29282960)
Flamebait like this will get you banned here. No more of this, please.

https://news.ycombinator.com/newsguidelines.html

Re:Notes on Web3 by diveanon on Friday November 19, 2021 @08:34AM (#29276953)
Exactly the kind of ignorant comment I’ve come to expect from this forum whenever crypto is even tangentially related to the topic.

It’s been almost 15 years, you’re getting left behind.

Re:Notes on Web3 by dang on Friday November 19, 2021 @04:44PM (#29282963)
Please keep tedious flamewar off HN. You've been posting a lot like this, and we ban that sort of account. It's not what this site is for, regardless of how wrong other people are or you feel they are.

https://news.ycombinator.com/newsguidelines.html