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| ▲ | benedictevans 20 hours ago | parent [-] | | Nope. This is the exact quote. Crypto today has a lot in common with both the internet in 1993 and the internet in 1999. Huge potential with few of the use cases invented yet, combined with froth, scams and delusion. This makes it easier to dismiss (“useless AND a scam!”). But dismissing crypto as a useless scam is much like looking at Usenet, Cuecat and Boo .com and dismissing the internet. It mistakes applications for the enabling layer. Looking at crypto and only seeing the scams is like looking at the internet in 1999 and only seeing the bubble. Looking at crypto and seeing no use cases is like looking at the internet in 1993, when the web was 3% of traffic Another parallel:
1993 - people complaining the term should be internets, not internet
2018 - people complaining 'that's not what crypto means' You could argue I was wrong and blockchain's potential never turned into anything much. It actually has become a huge deal as plumbing in the finance industry, but not much else. But so what? This was an interesting tech that hasn't really worked out. Welcome to the tech industry. | | |
| ▲ | hansmayer 19 hours ago | parent | next [-] | | I dunno... but those self-quotes sound a lot like at least implying that "missing out on crypto" would be like missing out on early days of Internet. You also seem to try and retrofit "blockchain" instead of "crypto", but these are two different things - blockchain is a technology, crypto is a form of play-money based on that technology, just like it's older brother, the monopoly-money, is based on the technology of paper (but not much else). | | |
| ▲ | benedictevans 18 hours ago | parent [-] | | No, I was using crypto and blockchain as interchangeable terms. I'm aware some people don't, but that's always how any person the space I've spoken to uses them | | |
| ▲ | hansmayer 18 hours ago | parent [-] | | Indeed you did, but that does not make it right. They are not interchangeable. Now again, did you, or did you not promote Bitcoin? | | |
| ▲ | benedictevans 17 hours ago | parent [-] | | No, you have a different opinion about terminology, which ironically is one of the things I noted as pointless in the thread I posted. | | |
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| ▲ | lorecore 20 hours ago | parent | prev [-] | | Nope what? You just confirmed the OP’s point. Glad we’re all in agreement. | | |
| ▲ | nkohari 17 hours ago | parent [-] | | I don't think it's fair to consider writing an analysis (even a favorable one) about a topic as _shilling_ for it. It's not like he was pushing shitcoins or minting NFTs. I have always been (and remain!) bearish on crypto but it absolutely was something that couldn't be ignored a few years ago. Even if you came to the conclusion that it was bunk, there was significant enough fervor that any technologist needed to reckon with their position on it. For example, lots of engineers proclaimed very loudly that document databases would replace the RDBMs, or that GraphQL was the future of APIs. They were wrong, as it turned out, but only with the wisdom of hindsight. | | |
| ▲ | lorecore 15 hours ago | parent [-] | | He actually was pushing NFTs but has since deleted his tweet: https://news.ycombinator.com/item?id=26434769 | | |
| ▲ | benedictevans 14 hours ago | parent [-] | | No, I didn’t. I made my account private and stopped using twitter.
And the actual tweet says the opposite - that NFTs would need to develop some kind of cultural grounding for them to become a investment, which they didn’t have at the time and never got, and without that this would just be a speculative bubble, which is exactly what happened. I made it very clear that I thought NFTs were a speculative bubble. I never suggested anyone should buy any crypto-related instrument. The idea that I was ‘shilling for crypto’ is something you would only say if you’re an idiot, as the OP and a few others on this thread clearly are. | | |
| ▲ | lorecore 13 hours ago | parent [-] | | Thankfully your lies are easily verified as ddg has the cached version: https://duckduckgo.com/?q=benedict+evans+nfts&t=brave&ia=web "NFTs chang the world from "first to invent" (or create) to "first to file". Creators may be forced to make every first publication an NFT drop, just so they can assure ownership." > would only say if you’re an idiot, as the OP and a few others on this thread clearly are. You are clearly an idiot, a liar, and an asshole no one should work with. Thank you for outing yourself. | | |
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