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Crypto & Blockchain

The most popular blog posts about crypto & blockchain on Hacker News. 488 posts.

Any year
1

My First Impressions of Web3

Despite considering myself a cryptographer, I have not found myself particularly drawn to “crypto.” I don’t think I’ve ever actually said the words “get off my lawn,” but I’m much more likely to click on Pepperidge Farm Remembers flavored memes about how “crypto” used to mean “cryptography” than ...

2

“Play-to-Earn” and Bullshit Jobs

In Bullshit Jobs: A Theory , David Graeber makes the case that a sizable chunk of the labour economy is essentially people performing useless work, as a sort of subconscious self-preservation instinct of the economic status quo. The book cites ample anecdotal evidence that people perceive their own jobs as completely…

15

AWS and Blockchain

This week saw the cancellation of the Australian Stock Exchange’s long-running effort to build a blockchain-based trading system. Which, oddly, has me thinking of 2016, when AWS decided not to make a strategic investment in blockchain, with my input a contributing factor. It felt like a good story while it was…

19

It’s not still the early days of blockchain

When I speak about the inefficiency of popular blockchains, or mention that we seem to be hurtling towards a 'web3' so centralized it challenges big tech's firm grasp on today's web, or point out that somehow no one has managed to find a positive use for blockchains that wouldn't be better served by one of the many…

25

Web3 is expensive P2P

Web3 claims to be the only way to save us from commercial entities defining what we can see and what not. Yet, it does exactly this: It results in commercialized entities defining what we can see and what not. More on the blockchain ecosystem in this overview and especially in the simple, hum

30

Crypto is an unproductive bubble

This post sparked a great conversation on Hacker News! See the comments here.Another update: Scott Alexander just (12/8/22) wrote the best counterpoint to this that I’ve read – see it here “The four most expensive words in investing are: ‘This time it’s different.’” John Templeton I’m writing this essay not so much to…