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nemomarx a day ago

what are the goliaths from web3?

I feel like that one still hasn't really worked out, and I do occasionally use Bitcoin to buy things

flerchin a day ago | parent | next [-]

Yeah that's fair. Many people will just never interact with cryptocurrency and all that at all. I don't. Supposedly BTC is worth $2.2T, which is somewhat of a large number, but it's all funny money from a certain point of view.

tehjoker a day ago | parent [-]

It's very funny to hear this because a few years ago the concept was "everyone will be using this" and that hype was supporting the price

flerchin 9 hours ago | parent [-]

The concept now seems to be that it's a volatile asset class? I don't really get what supports the price anymore.

ThrowMeAway1618 17 hours ago | parent | prev | next [-]

>what are the goliaths from web3?

Are you not paying attention? Web3 is going just great![0]

[0] https://www.web3isgoinggreat.com/

ToucanLoucan a day ago | parent | prev [-]

I really enjoyed that comment because if you read it in reverse, each subsequent "big thing" has had fewer and fewer goliaths emerge.

In terms of web3, I think you could broadly say Bitcoin (though it was large before web3 so that one's muddy) and Etherium. But even then... given what they are, I'm not sure in what sense these are meant to be Goliaths...? It's alternative payment processors that have incredibly low adoption compared to virtually every other. They're "big" in the sense that they have a lot of traction relative to other crypto, but I still have never used the shit even once and I do not feel I am missing out even slightly.

I've used LLMs FAR more than any crypto, and I still see it largely as a neat way to get out of writing boring code, and a good rubber duck to bounce ideas off of when debugging. I wouldn't pay for it if I had to.

The only thing I know crypto for is being the new and preferred payment method for scammers, and that you used to be able to buy drugs with it but not anymore. And godawful avatar collections, I guess. I wouldn't call that a Goliath myself but. shrug