[IBCNU]

Agreed. It's ethically problematic the terminology "winter" has taken hold as though there's some sort of eternal truth and seasonality to crypto, when in reality the irrefutable mathematical truth is the ultimate value of crypto is $0. It's not an industry experiencing another periodic downturn "winter," but the end of a useless industry. There may be some edge cases for the use of various technologies, but it has zero chance of scaling or becoming useful to folks living in the real world.

[hem777]

Have you read up on what Protocol Labs are doing? Sounds pretty useful to me living in the real world.

[IBCNU]

I read up on what Protocol Labs are doing. Seems pretty not-useful to me living in the real world. I'm pretty sure distributed vague-but-epic-crypto-bro-sounding super-important-"let's back up the worlds most important information on the blockchain and also it's a file system like dropbox but on the chain" resonates with some folks, but to me, it's just more of the same: rich folks saying that they better have control of the info, the coins, the way its distributed. It all comes down to _agency_. They actually want to be a centralized owner of information. Crypto is full of ridiculous offerings like Protocol Labs.

I think the web already solves this problem. That's the larger issue I have with web3, trying to solve a problem that doesn't exist.

[IBCNU]

I appreciate you reading to and responding to my words, and I'll try to find something useful in their offering in the real world. But, honestly, their layoff statement was all I needed to know, a CEO completely out of touch with main street and living in the crypto-futurist-whiz-bang-only-for-rich-folks future. Maybe one day folks will call things as they see it, for instance blockchain might have a future as a rebrand under "append-only ledgers" (technology from the 1970's), etc. But a specific example, just for the sake of discourse, would be appreciated here.

[acdha]

Do you have any examples?