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Re:Web3 'contains the seeds of a dystopian nightmare' by jasfi on Saturday April 02, 2022 @09:09AM (#30887974)
The ideas in Web 3 are very diverse, and are frequently mixed with already established ways of thinking and doing business. People are trying to figure out what works and what doesn't. It's basically a melting pot of ideas. The best of what works will win.

Note: I'm the founder of TradeCast. I'm mixing the crypto trading part with automated trading, but in a way that is transparent and gives users control: https://tradecast.one.

Re:Web3 'contains the seeds of a dystopian nightmare' by orzig on Saturday April 02, 2022 @09:19AM (#30888047)
I'm not 100% disagreement, but I'd love to see a little more evidence (or at least reasoning) for "The best of what works will win".

To start, here's my counter-argument: We're almost exactly 6 years from the release of bitcoin, and it's still dominant by market cap. We either nailed it the first time or the best has not (yet?) won. We're 50 years into computing and the dominant operating systems are from the same companies that dominated ~40 years ago. Did we top out on ideas then?

Re:Web3 'contains the seeds of a dystopian nightmare' by jasfi on Saturday April 02, 2022 @09:38AM (#30888190)
Web 3 is far bigger than Bitcoin alone. VC money is pouring into Web 3 companies, so I'd say we haven't seen too much of what's coming just yet.

It's actually really interesting that you make a comparison to operating systems. I helped get ReactOS started in the late 90s, because Windows was so dominant and there was a tremendous lock-in effect because of the software and drivers that were Windows only. However I still think a clone was not the best direction (I left the project ages ago), and that interfaces to other OSs such as Linux are better. Although I didn't come to this conclusion immediately, mainly because driver APIs seemed difficult to abstract to another OS.

That said, Linux has made tremendous strides and WINE has helped it along. With Web 3 you don't have that lock-in effect, so the ideas are flowing more freely. That's why I think Web 3 is different to the OS analogy.

Re:Web3 'contains the seeds of a dystopian nightmare' by i14 on Saturday April 02, 2022 @09:42AM (#30888219)
Well, getting people to change what they use takes time. And it’s hard to compete with big players.
Re:Web3 'contains the seeds of a dystopian nightmare' by jlgaddis on Saturday April 02, 2022 @09:31AM (#30888128)
You certainly don't miss an opportunity to make a meaningless, no substance comment just so that you can spam a link to some "project" of yours, do you?
Re:Web3 'contains the seeds of a dystopian nightmare' by the-dude on Saturday April 02, 2022 @09:26AM (#30888087)
Adding a disclaimer is common courtesy.
Re:Web3 'contains the seeds of a dystopian nightmare' by jasfi on Saturday April 02, 2022 @09:31AM (#30888129)
What were you expecting exactly?
Re:Web3 'contains the seeds of a dystopian nightmare' by the-dude on Saturday April 02, 2022 @09:42AM (#30888223)
I have misread your "For my part". Please accept my apology.

I do feel it could be stated more explicit : I am the creator/founder/CEO of for example.

Re:Web3 'contains the seeds of a dystopian nightmare' by jasfi on Saturday April 02, 2022 @09:50AM (#30888273)
No problem, I'll update my comment.