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AndresFreundPol's profile
Andres Freund (Pol)
Andres Freund (Pol)
Andres Freund (Pol)
@AndresFreundPol

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Andres Freund (Pol)

@AndresFreundPol

Postgres developer, working at Microsoft. Also: politics nerd, expat German in the US. Account about politics, not tech. For the latter look to @AndresFreundTec

San Francisco, CA
Joined January 2017

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    1. Josh Rogin‏Verified account @joshrogin 7 Mar 2019
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      NEW: China is racing ahead of the United States on blockchain https://www.washingtonpost.com/opinions/global-opinions/china-is-racing-ahead-of-the-united-states-on-blockchain/2019/03/07/c1e7776a-4116-11e9-9361-301ffb5bd5e6_story.html?utm_term=.83cedbaca0cb … by me @PostOpinions

      6 replies 10 retweets 14 likes
    2. Andres Freund (Pol)‏ @AndresFreundPol 7 Mar 2019
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      Replying to @joshrogin @PostOpinions

      GNAAA. Blockchains have no actual beneficial use case for them that hasn't been widely know for decades. It's just a vehicle for scams, criminal enterprises and marketing. Everything beyond that is just a Merkle tree.

      3 replies 0 retweets 4 likes
    3. Matthew Graham‏ @mattysino 7 Mar 2019
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      Replying to @AndresFreundPol @joshrogin @PostOpinions

      Possibly you are conflating blockchain and cryptocurrency?

      1 reply 0 retweets 0 likes
    4. Andres Freund (Pol)‏ @AndresFreundPol 7 Mar 2019
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      Replying to @mattysino @joshrogin @PostOpinions

      No. The non-cryptocurrency blockchain stuff is just pretty basic CS (i.e. the Merkle trees I mentioned). There's simply no compelling case for it being an enabling technology for "web 3.0" outside of what's already been used long before the blockchain/cryptocurrency craze.

      2 replies 0 retweets 1 like
    5. Matthew Graham‏ @mattysino 7 Mar 2019
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      Replying to @AndresFreundPol @joshrogin @PostOpinions

      So what’s the falsifiable prediction that you are making?

      1 reply 0 retweets 0 likes
    6. Andres Freund (Pol)‏ @AndresFreundPol 7 Mar 2019
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      Replying to @mattysino @joshrogin @PostOpinions

      Cryptocurrencies aren't going to be successful beyond niche markets (more niche than now). Smart contracts are going to fail further. Startups in the blockchain market are either failing or going to pivot / only use blockchain as market terminology.

      2 replies 0 retweets 0 likes
      Andres Freund (Pol)‏ @AndresFreundPol 7 Mar 2019
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      Replying to @AndresFreundPol @joshrogin @PostOpinions

      A lot of that is already playing out, so it's not really a prediction. Inversely, what's the falsifiable case for blockchains being hugely relevant in a success-of-the-systems kinda scale?

      7:05 PM - 7 Mar 2019
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      2 replies 0 retweets 1 like
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        2. Matthew Graham‏ @mattysino 7 Mar 2019
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          Replying to @AndresFreundPol @joshrogin @PostOpinions

          Blockchain-related ETF within five years. Token payment system by Facebook or other social media company with 50 million or more users with five years. Sovereign token by a country of 20 million or more people within ten years (I’m not convinced Venezuela’s petro coin counts).

          1 reply 0 retweets 1 like
        3. Andres Freund (Pol)‏ @AndresFreundPol 7 Mar 2019
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          Replying to @mattysino @joshrogin @PostOpinions

          What market cap for such an ETF, and what country? How do you precisely define token here? If it's essentially just a pseudo currency that's not issued by a state, it's been here (both digitally and pre-digitally) for a while. Aren't these well short of success-of-system scale?

          2 replies 0 retweets 0 likes
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        1. Matthew Graham‏ @mattysino 7 Mar 2019
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          Replying to @AndresFreundPol @joshrogin @PostOpinions

          Fair. Let me think on it.

          0 replies 0 retweets 0 likes
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