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A comment on Do developers think Web3 will build a better internet?. Parent comment

Re:Do developers think Web3 will build a better internet? by cuteboy19 on Thursday April 28, 2022 @01:07AM (#31188949)
The middle ground is not always the right choice. If you say we have to participate in 100 scams and I say that we shouldn't participate in any scam, the right answer isn't to say "Let's just do 50 scams then"
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Re:Do developers think Web3 will build a better internet? by exdsq on Thursday April 28, 2022 @01:16AM (#31188997)
What if there's 100 projects and 20 are scams, and I'm saying lets chill in the middle where there aren't any?
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Re:Do developers think Web3 will build a better internet? by cuteboy19 on Thursday April 28, 2022 @01:32AM (#31189082)
If you go by numbers alone then I'd say somewhere around 99.99% of them are scams. If you go by market cap then I would lower that number to only like 95%.

I think an unflinching belief in crypto in the face of so many scams is the consequence of having a good percentage of your wealth tied up in it. Even if the person himself was scammed, it would be in his interest to not admit it in the hopes that he can pass the bag on to some other greater fool.

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