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Reminds me of a thread you did on grift a while back. i.e. the element of class struggle and folks wanting something lucrative & permissionless. Web2 gentry desperately wants to put web3 in the same “grift” bucket. They’re not totally wrong, but the plebs see right through them
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I don't actually have strong opinions. The main difficulty is that the lineage of culture and incentive from the crypto space is very clear and the discourse is more about grandiosity, grift, and delusion than the actual technology.
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I’ve long felt that blockchain was a “solution in search of a problem”, and now this discourse where they’re insisting that it solves solved problems is sucking a lot of oxygen out of the room. (And burning a lot of carbon)
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I didn’t really mean to get into it. But slight participation has rewarded me immensely. I dipped toes in Ethereum in ‘17 and a few projects like $ens since then. It still feels very early. High transactions fees, bad UX, it needs to be flushed out. My gut says the pie grows.
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