Been meaning to upgrade to Web3 by breaking my app and switching to play money
That's a pattern in this field, that the foundational problems are really cool to work on (like all the stuff about SNARKs, for example) but ultimately don't deliver any practical result. That part of it has a "string theory for programmers" feel
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You're right, but I think that is the attitude that, from time to time, delivers technological breakthroughs. Do you think that is nothing of value in the space? Neither in Ethereum, any other project, or even with Bitcoin?
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I think there are genuinely innovative bits of what amounts to basic research in cryptography. But they are inseparable from a hype and fraud ecosystem that has really poisoned the well here. And the grandiosity is off-putting, everything feels like a boil-the-ocean scheme
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