this post was submitted on 06 Sep 2023
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The decentralised finance club needs to make their core values poster bigger and easier to understand

We’re here in 2023 and they still forget that the core value of “not your keys not your wallet” is the equivalent of putting your cash under your mattress instead of using a bank and the complexity that comes with that is unavoidable.

You can get more people to use a mediocre product/technology by making it easy to use

People will use complex products/technologies if they are useful enough.

But these people can’t make it useful so they keep banging their head against the wall trying to make it more simple.

It is inevitable that they will try the even lazier route of deceiving people into thinking it is simple.

Nitter: https://nitter.net/evanvar/status/1699032296870015232

edit: changed title to reduce keyword matches in lemmy fediverse searches

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[–] [email protected] 5 points 1 year ago (2 children)

I remember a few years ago getting all these webdev articles about web3.0 decentralised apps, and all I could think during and after reading was how fucking inefficient it all was. How insanely slow, inefficient and wasteful.

Are there any examples of web3.0 apps that actually do anything? It's all a fucking scam, isn't it...

[–] [email protected] 10 points 1 year ago (1 children)

flat fuckin zero

most of this shit doesn't exist

NFTs exist

lol

[–] [email protected] 7 points 1 year ago (1 children)

just a whole bunch of cranes trying to lift themselves

[–] [email protected] 9 points 1 year ago (1 children)

listen, 99% of projects trying to make a self-lifting crane fail. but can you imagine the money you could make if you invested in the 1% that succeeded in spite of physics and common sense? send your investment to the following monero address (SEC enforcement agents do not have my permission to view this post!)

[–] [email protected] 4 points 1 year ago

Fortune favours the brave!

[–] [email protected] 4 points 1 year ago (1 children)

(I might be paraphrasing Folding Ideas here, I'm not sure)

The developers of these apps didn't use blockchain or crypto because they were the best way to build the app. They used blockchain and crypto because they love them and think everyone should be using them. In fact, the only reason these apps exist is to encourage people to use cryptocurrency.

So no, there are no examples.

[–] [email protected] 4 points 1 year ago (1 children)

You can extend this thinking to see how so many projects are just blockchain enthusiasts struggling with the “nothing is born on the blockchain” problem. That’s why they embrace the metaverse and also, imo, a big part of why they are open to transhumanist ideas.

[–] [email protected] 5 points 1 year ago (1 children)

Blockchain is a solution desperately in search of a problem.

[–] [email protected] 4 points 1 year ago

It solves very real imaginary problems