this post was submitted on 06 Sep 2023
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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The decentralised finance club needs to make their core values poster bigger and easier to understand

We’re here in 2023 and they still forget that the core value of “not your keys not your wallet” is the equivalent of putting your cash under your mattress instead of using a bank and the complexity that comes with that is unavoidable.

You can get more people to use a mediocre product/technology by making it easy to use

People will use complex products/technologies if they are useful enough.

But these people can’t make it useful so they keep banging their head against the wall trying to make it more simple.

It is inevitable that they will try the even lazier route of deceiving people into thinking it is simple.

Nitter: https://nitter.net/evanvar/status/1699032296870015232

edit: changed title to reduce keyword matches in lemmy fediverse searches

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[–] [email protected] -1 points 1 year ago* (last edited 1 year ago)

The haveno decentralized exchange looks interesting. I don't even know if that counts as Web 3.

https://haveno.exchange/

But even those crazy guys aren't expecting you to attach your wallet to a web browser.

I think there are some valid options for micropayment distributed systems around social networking, message passing, especially with lots of spam in the environment. Like I'm willing to pay a fraction of money to send a message and support the network I use.. like Lemmy

Like imagine if every post on Lemmy cost a fraction of the penny, and the money went to support the The hosting instance. That could be interesting.

But the vast majority of things that claim to be web3 distributed applications aren't. They're centralized, they just use crypto as a way to centralize the money.