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Replying to Avatar boston wine

Nostr has accomplished everything the “web3/crypto” startups are allegedly doing.

It’s a decentralized, permission-less information/communication protocol, where users are the owners of their account and data, anyone can join or build on the network, and where its development and direction are shaped by a free market of features, data, and ideas.

But web3 doesn’t actually care about that stuff, that much. “Web3” founders co-opt the philosophy and convert it into buzzwords, in order to sell (dump) free-to-produce crypto tokens on retail investors make fast cash for their VC backers without even needing an MVP, and then move on to the next hype cycle.

Nostr fixed this. We don’t need a token because 1) this isn’t an affinity scam and 2) Bitcoin already works.

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Hazey 1y ago

Web3 is pure fiat: nothing to do with building decentralized anything, and everything to do with providing an exit strategy for venture capital.

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Tim Bouma 1y ago

Yep. I thought I would give them the benefit of the doubt. No more.

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boston wine 1y ago

🎯

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