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I'm not in their camp, but I think Marc failed to adequately address / refute doomer's arguments


It already has been for number of years. I mean I am not sure about 3d world in VR, but I have not been in the office for years now. Not even in the same country as companies I worked for. Browsers, Zoom, Slack etc are the metaverse and it is glorious !


Site appears to be down. Is there a mirror or open source repo ?


``` Trust in code, not companies: the belief that a community’s smart contracts encode and enforce its rules We should all trust unknown developers why, exactly? ```

Don't trust, verify is one of our battle cries.

``` Users control the apps and networks they use Forrester can't see that happening beyond a few tech-savvy types ```

Internet 1998, Forrester can't see that happening beyond a few tech-savvy types

``` Decentralized autonomous organizations, entities that exist as a collection of smart contracts Have no legal basis and work on a utopian assumption that all possibilities can be coded; ``` Countries run by the will of common people is utopian ideal. Everyone knows you need monarchy

``` Decentralized finance (DeFi) Nice idea, shame it lacks consumer protection ```

No one is forcing anyone to use it. We want wild west, we know the risks, thats how we like it. Leave us alone !

I feel dumber having read that article


"Battle cry"? Sounds more like "unfunded mandate" to me. I can't even count the number of smart contract exploits I've seen over the years.


Leave us alone only works if you don't solicit investment. If you ask for people's money, then you should at least be open to criticism.


You don't get to have a wild west and to be left alone. Laws exist and must be followed. Enforcement is growing


They don't actually have to be followed.

There is a social contract: if I don't follow them then the gov can do X. But, of course, I may be happy with that trade-off if the expected value of my actions are positive. That is: payoff > probCaught * personalUtilityOfJail + (1 - probCaught) * personalUtilityOfBreakingLaw.


Sure, you can always be criminal, but most will not and the cryptos at large will never be adopted by the masses if govts ban them. This is unlikely, but public sentiment against mining has a higher probability to play out against the maximalists


This is the main problem with EU. It is much easier to pass dumb laws across the continent. No space for competition. It would be much harder to pass these ridiculous laws, country by country.

I'm often baffled why Americans see EU as some some well run utopia. In reality it is increasingly authoritarian dystopia. God I hate EU!

For the first time I’m seriously considering moving to ElSalvador or what ever caribian country has the best balance of least crime, most crypto friendly.


yeah, fuck that, i want to become rich out of nothing and inject into the economy the fruit of wasting energy doing nothing at all


Nothing? It's minting hash collisions at the cost of terajoules a pop! That's something, right?


I can see that side of argument, but where do you draw the line ? What about government blocking truckers bank accounts. (Without any due processes!) And blocking accounts of people who donate to them. Even if you disagree with what they are doing. They have families to feed.


Maybe it is ok not to block their bank accounts if afterwards they can be held liable for the economic damage they did to a lot of innocent people.

That kind of ‘general strike’ is seen as a pretty big threat wherever people try it.


Let's say this person is part of the family in practice although they aren't part of the family on paper.

This person made me break my promise not to become a seduction trainer, I assigned him to read Ovid's Art of Love, he told me he would read it in Latin, I said I knew you would.


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