Web3 Is Going Great is a project to track some examples of how things in the blockchains/crypto/web3 technology space aren't actually going as well as its proponents might like you to believe. The timeline tracks events in cryptocurrency and blockchain-based technologies, dating back to the beginning of 2021.
Notice that we’re not defining technology as a solution to a problem, but rather a path to an end. Though many technologists see their work as “problem-solving”, problems are in the eye of the beholder; one first has to make decisions about what constitutes a problem before making decisions to solve it in a particular way. That decision-making... See more
Aggregators are incentivized to limit composability. By contrast, the value of a web3 token may actually increase when composed with other systems. The money flowing through web3 is mediated by open source smart contracts, rather than closed source software owned by corporations. This feels completely asymmetric. I cannot imagine a Facebook or... See more
So this raises the question: How long can it possibly be “early days”? How long do we need to wait before someone comes up with an actual application of blockchain technologies that isn’t a transparent attempt to retroactively justify a technology that is inefficient in every sense of the word? How much pollution must we justify pumping into our... See more
If we want to collect the most energy physically possible, we'll have to build the largest most ambitious structure in the universe. The Dyson Sphere, a megastructure that encompasses a whole star to capture its power output.
So what are the problems of relying too heavily on stories? You view your life like "this" [a journey] instead of the mess that it is or it ought to be.