Conversation

Jesse Powell
@jespow
>if they had built a platform to buy and sell images that wasn’t nominally based on crypto, I don’t think it would have taken off...because this is a gold rush. It wouldn't have taken off because it would have been riddled with payment fraud, forgeries and regulatory problems.
Quote Tweet
Moxie Marlinspike
@moxie
·
Wrote some notes summarizing my first impressions of web3: moxie.org/2022/01/07/web
7
5
79
Jesse Powell
@jespow
>to accept a bid...over $80-$150+ just in ethereum transaction fees...Payment fees by credit card...look cheap... Depends on the size of the transaction but you have to factor in the risk of a 100% chargeback loss with a credit card. Not all potential buyers hold credit cards.
4
1
27
Jesse Powell
@jespow
>I can run my own mail server, but it doesn’t functionally matter for privacy, censorship resistance, or control – because GMail is going to be on the other end of every email... But how far would Gmail go if you didn't have the option to run it yourself? The option has value.
4
2
39
Adam Nash
@adamnash
While I agree w/ your conclusion, the original argument was more about Gmail’s power representing so many other accounts. If they mark you as spam… etc.
1
1
Jesse Powell
@jespow
Replying to
@adamnash
I think the analog would be Gmail being the go-to, worldwide source of truth on spam for all email services/clients. They have a lot of power but actually way less power than some of these Web3 oracles have right now. Most companies aren't running their own infrastructure.
6:35 AM · Jan 9, 2022Twitter Web App