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Re:Coinbase stock lost over 75% value by blululu on Monday May 09, 2022 @10:39PM (#31322778)
“The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s” -Some dude who writes for The New York Times...
Re:Coinbase stock lost over 75% value by KerrAvon on Monday May 09, 2022 @11:09PM (#31322988)
There were some “the Internet is a fad” takes, but it wasn’t a widely held viewpoint. No one pushed back on corporations putting up websites. “Crypto is snake oil” is pretty common right now, and a lot of people are rejecting NFTs.

Also, the NYT is often garbage.

https://fair.org/take-action/action-alerts/new-york-times-re...

https://nitter.net/DougJBalloon

Re:Coinbase stock lost over 75% value by pingeroo on Monday May 09, 2022 @10:55PM (#31322894)
I wonder when "2005" for crypto will be. Like if we compare them by metrics like maturity of technology, developer attention, VC money, etc, how do "web2" and "web3" compare?