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Re:Helium has revenues of $6.5k/month after $365M investment... by arcticbull on Tuesday July 26, 2022 @05:12AM (#32235992)
> If "web2" hadn't shut off its own users from any semblance of ownership in the platforms, or had done more for privacy, web3 would have died in 2017.

Honestly nobody cares about these things. This is just a narrative that was grafted onto Web3 after the fact.

Re:Helium has revenues of $6.5k/month after $365M investment... by ricochet11 on Tuesday July 26, 2022 @06:11AM (#32236382)
I care about these things and i've been in crypto since before gavin coined web3.

In fact most of the devs I know that started pre-2017 deeply care about these things. Many were around in the OWS groups back in the day, they transformed via bitcoin and now mostly work on eth projects. The cool thing is most of those people who were in it for political reason (rather than the newer investors looking to make quick money, and new devs looking for decent paid job) have made enough money to spend the rest of their lives working on this stuff regardless of it making them any richer.

I think we can outwork and outlast the cynics and keep building the things we think are cool. they hype will come and go, the fraudsters will sweep in during mania and con people regardless of our warnings, the authoritarians will try get the state to make it illegal, the google employees will keep complaining that its not innovative. we'll keep on working towards what we think is right.

Re:Helium has revenues of $6.5k/month after $365M investment... by arcticbull on Tuesday July 26, 2022 @02:38PM (#32242131)
> I think we can outwork and outlast the cynics and keep building the things we think are cool.

It's been 13 years and 0 use cases better solved by crypto than any classical system.

But by all means, I'm sure OP will deliver - let's just wait.

Re:Helium has revenues of $6.5k/month after $365M investment... by hansword on Tuesday July 26, 2022 @10:27AM (#32238729)
I care about these things and left crypto over a decade ago.
Re:Helium has revenues of $6.5k/month after $365M investment... by landemva on Tuesday July 26, 2022 @08:10PM (#32245579)
By that timeline, you were in during 2009 - 2011. Bitcoin was developing. Bitcoin blockchain then was not privacy enhancing.

What were you involved in? And you missed a giant price run.

Re:Helium has revenues of $6.5k/month after $365M investment... by hansword on Wednesday July 27, 2022 @12:06PM (#32252235)
Wut? The prices have risen since? surprisepikachu.png
Re:Helium has revenues of $6.5k/month after $365M investment... by arcticbull on Wednesday July 27, 2022 @12:06AM (#32246739)
> And you missed a giant price run.

Thank you Captain Hindsight.

Re:Helium has revenues of $6.5k/month after $365M investment... by barnabee on Tuesday July 26, 2022 @06:52AM (#32236598)
Almost everyone I've met in crypto cares about these things.

Sure it is probably not even 1% of projects by number and there are plenty of frauds/scams (which are oviously illegal without any new laws) and even more just really terrible ideas (whatever happened to caveat emptor?), but there absolutely is a sizeable core of projects, founders, devs, and researchers that cares deeply about privacy, freedom from coprorate/government surveillance and control, open source and open protocols, and building a very different online, digital future than the one we are currently headed for.

I think that's worth the effort. Even if that might fail, and even with the collateral damage from scams and fraud (which, again, are already illegal). We accepted cars despite the deaths and injuries and pollution (which we also deal with legally and try to minimise without destroying the benefits of having cars), and they reshaped our society. I expect crypto and privacy tech. to do the same in time. It may even take as long.

Re:Helium has revenues of $6.5k/month after $365M investment... by spaceman_2020 on Tuesday July 26, 2022 @07:01AM (#32236677)
the users never care

The builders do

If you’re in the tech field and aren’t worried about privacy, the. I don’t even know what to tell you.

Re:Helium has revenues of $6.5k/month after $365M investment... by AlexandrB on Tuesday July 26, 2022 @09:56AM (#32238320)
Most blockchain tech is a disaster for privacy because it puts all your transactions on a public ledger for all to see. At least with web2 you can delete stuff you've posted.
Re:Helium has revenues of $6.5k/month after $365M investment... by MrMan on Tuesday July 26, 2022 @08:02AM (#32237114)
privacy is a basically impossible thing to achieve, like trying to be invisible in all spectrums.
Re:Helium has revenues of $6.5k/month after $365M investment... by spaceman_2020 on Tuesday July 26, 2022 @08:27AM (#32237361)
Doesn’t mean that you stop trying and hand it all over to Zuckerberg on a platter.
Re:Helium has revenues of $6.5k/month after $365M investment... by arcticbull on Tuesday July 26, 2022 @10:54AM (#32239175)
It also doesn't mean the solution to every problem is to start an MLM scheme around unregistered securities. Kind of a false dichotomy here. Sounds like the answer is to start services that cost human dollars that don't sell data - and definitely don't publish data on a public immutable pseudonymous ledger for all to see.

The problem is that as you said, when the rubber meets the road, the customers don't value privacy - and at the end of the day they're the ones paying.

All the major platforms were built without ownership and without privacy, and this didn't hurt them in the slightest from being some of the most valuable companies in human history. I'm not saying I like it either, btw.

Re:Helium has revenues of $6.5k/month after $365M investment... by RF_Savage on Tuesday July 26, 2022 @06:05AM (#32236349)
Yep. Considering how web2.0 hype was about AJAX and webpages with dynamic content that did not require reloading the page.