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Pinboard

@Pinboard

The light inside is broken, but I still work. The Cadillac of online bookmarking sites. Alleged nocoiner. http://pinboard.in  maciej@ceglowski.com +1 415 610 0231

Lonely street of broken dreams
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    1. Naman Kumar‏ @naman_k May 31

      Naman Kumar Retweeted Pinboard

      Imagine wanting to get a pic on to your computer and not being able to. Yes, the pre-digital camera world. Digital camera invented > photos exploded > iPhone > photo explosion^100 > Facebook > explosion^100^100 Took 46 years. Blockchain is the computer. It's 13 yrs old.https://twitter.com/Pinboard/status/1399400012279209989 …

      Naman Kumar added,

      Pinboard @Pinboard
      The thing I really enjoy about non-fungible tokens (NFTs) and "smart contracts" more broadly is that there's no way to get them to point to information or objects outside the blockchain without introducing a trusted third party, the whole thing you set up a blockchain to avoid.
      Show this thread
      3 replies 0 retweets 0 likes
    2. Pinboard‏ @Pinboard May 31
      Replying to @naman_k

      The first digital computer came online in 1945 and by the time it was 13 years old had already flown us safely to the Moon.

      4 replies 0 retweets 61 likes
    3. Naman Kumar‏ @naman_k May 31
      Replying to @Pinboard

      So bringing a photo onto the computer was significantly harder than going to the moon? Why, yes, it was.

      1 reply 0 retweets 0 likes
      Pinboard‏ @Pinboard May 31
      Replying to @naman_k

      You missed my point here. Computers were instantly and obviously useful, and grew more so over time. The same is true for any useful technology. The only analogue to cryptocurrency I can think of is string theory, which has also been promising to change the world, just you wait

      8:51 PM - 31 May 2021
      • 5 Likes
      • Daniel Wesser yolk doitninetimes giulio rospigliosi Michael Tofias
      2 replies 0 retweets 5 likes
        1. New conversation
        2. Naman Kumar‏ @naman_k May 31
          Replying to @Pinboard

          Did I tho. You changed the context of the tweet from the need of an oracle to the utility of the blockchain. Yeah, we'll never agree on the usefulness. I think it's a computer that lets you compute stuff openly. I believe you think it's 54k followers😉 (good job btw 😀👏)

          1 reply 0 retweets 1 like
        3. Jesse Schwebach‏ @jschwebach Jun 1
          Replying to @naman_k @Pinboard

          I think your analogy needs adjusting. Pictures proliferated—and iPhone included a camera in its feature set—because there was apparent demand for the tech. Where is analogous demand for blockchain/NFT tech, besides in speculative investment?

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. New conversation
        2. Kevin van Haaren‏ @kvanh Jun 1
          Replying to @Pinboard @naman_k

          Kevin van Haaren Retweeted Kevin van Haaren

          The internet got orders of magnitude faster in 10 years. Blockchain transactions? Not so much.https://mobile.twitter.com/kvanh/status/1399384350890856448 …

          Kevin van Haaren added,

          Kevin van Haaren @kvanh
          “Bitcoin is still in it’s infancy, how far had the Internet progressed in 13 years?” Internet backbone in 1984 bandwidth: 50 Kbps; 1994: 145 Mbps or a 296860% increase in 10 years. Bitcoin transaction rate 2009: 7/second; 2019: 7/second. That’s a 0% increase in 10 years.
          1 reply 0 retweets 0 likes
        3. Naman Kumar‏ @naman_k Jun 1
          Replying to @kvanh @Pinboard

          If you’re gonna say that someone made more money between when they were 40 and 53 yrs old vs when they were 0 and 13 years old, you know what people are gonna say? “no shit. son.”

          1 reply 0 retweets 0 likes
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