Really sad that crypto has such a bad reputation in HN. As hackers we’re supposed to be challenging the entrenched Big Tech monopoly with its silos, but every time someone like IPFS or BitTorrent or MaidSAFE releases a token it’s somehow considered worse than the extremely centralized “cloud offerings” or privately owned networks. It’s crazy.
You say “a16z content is excellent” but a16z is the largest VC firm, with the VC industry funding closed source proprietary companies that extract rents and capture the market. People like Peter Thiel who say “competition is for losers, build a monopoly” and make sure Mark Z never builds wirehog, a peer to peer file sharing network, because that wouldn’t extract enough rents. People like Adam Neumann who build money-losing companies and dump the shares on the public, how are they any better than say the folks behind MaidSAFE who have been toiling since 2006 to bring everyone a FREE and open source secure file sharing network?
Crypto is cryptography powering open, byzantine fault tolerant protocols. It is the future. People governing things together (currently called DAOs). Code you can trust. And so on.
You say “a16z content is excellent” but a16z is the largest VC firm, with the VC industry funding closed source proprietary companies that extract rents and capture the market. People like Peter Thiel who say “competition is for losers, build a monopoly” and make sure Mark Z never builds wirehog, a peer to peer file sharing network, because that wouldn’t extract enough rents. People like Adam Neumann who build money-losing companies and dump the shares on the public, how are they any better than say the folks behind MaidSAFE who have been toiling since 2006 to bring everyone a FREE and open source secure file sharing network?
Crypto is cryptography powering open, byzantine fault tolerant protocols. It is the future. People governing things together (currently called DAOs). Code you can trust. And so on.
What sucks is blockchain, not crypto.