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A comment on Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout. Parent comment

Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by yata69420 on Friday June 17, 2022 @02:23PM (#31782258)
> But are we at least done pretending that crypto currency (at least, as it exists now) will ever have any practical purpose beyond being a fungible entity upon which gamblers speculate?

No, I don't think that's happened yet. I still know tons of people excited to build for "web3".

I don't think we need "rich" websites with javascript, "smart" phones in everyone's pocket, or "social media" at all.

But those all happened, and it seems to be a lot of the same vibe for "web3" builders right now.

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by shuntress on Friday June 17, 2022 @02:34PM (#31782429)
It's difficult to get a clear picture of what exactly people think "web3" is. My general experience is that people who are caught up in web3 hype seem to actually just want simpler self-hosted/distributed resource redundancy.
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