The technology is fascinating, too, in the same way that building a CPU out of redstone and then hooking it up to a REST API is fascinating.
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Replying to @patio11
But it's the memeplex, the self-organizing boiler room, that is the triumphant achievement of the industry. And it's got nothing else.
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Replying to @patio11
There's a sardonic line to the effect of "The best minds of my generation are figuring out how to get people to click on ads."
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Replying to @patio11
That line is and always has been gratuitously unfair to Google and Facebook.
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Replying to @patio11
But if you took GooBook and got rid of the search engine, the social network, the advertising partners, and kept *only* the finance bits...
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Replying to @patio11
... and then you took those finance bits and reimplemented them by with a motley crew of ne'erdowells and folks in deeply over their head...
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Replying to @patio11
... and then vigorously applied a monkey wrench to the finance bits, because you were worried about them actually working ever...
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Replying to @patio11
and then implemented a boiler room on top of that, you would almost approximate the cryptocurrency space.
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Replying to @patio11
I have people, of apparent intelligence and goodwill, who ask me for advice on how to write cryptocurrency whitepapers.
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Replying to @patio11
This genre of document is the unholy bastard child of an IPO prospectus and a CS paper for a target audience who has never read either.
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I'd call it a cargo cult but that is almost certainly unfair to cargo cults.
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Let's try an experiment. What is your favourite protocol? Which one are you excited about?
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