anoncast
@anoncast
The left went too left and lost sight of themselves with extreme wokeism. It took years but this election was a self-correction. In our frustration with the fact that crypto "has no users" we have gone too far and these livestream coins are the top. There will be a correction, and EVM is well positioned. $ETH to 10K
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Vitalik Buterin
@vitalik.eth
The idea of "we need apps" for apps' sake is fundamentally soulless - it's a complete abandonment of the idea the crypto is there to implement specific changes in the world, make it a more free, open and cooperative place. After the last 10 years of internet and crypto, the idea that you don't need to think about this because "whatever you build" just does that as a side effect has taken a serious beating. At the same time, ignoring apps and focusing on general-purpose is a short term escape strategy - it lets you be in the happy place of thinking that you're helping, while other people figure out the hard stuff. Both extremes are ultimately futile indefinite-optimism. What we need is specific categories of apps that both (i) actually make the world more free, open and cooperative, and (ii) get organic usage. And we actually have examples of that! Polymarket is good, also anoncast has a good opportunity to surface the best kind of free speech, while avoiding getting mired in spam and low-quality content.
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peth.eth
@peth
I dont think people want "apps for the app‘ sake".. As someone who was walking around Devcon with this ABSOLUTELY RIDICULOUS sign, my concern is that all of this focus on infra is what‘s soulless. What got me into crypto in 2016, was seeing all of the promising PoCs & ideas around how crypto would wrestle all of the sharing economy applications away from being privately owned markets, etc. etc. Infrastructure wasn‘t ready, no L2s, UX was horrible etc. - pendulum swung in the direction of infra. Now a lot of us feel like the legit side of the industry is too focused on infra, while the main usecase gaining mainstream mindshare is actually dystopian af. I‘m screaming for dApps, but not for dApp‘s sake. I‘m screaming for dApps because I want to see the blockchain technology finally actually applied to solving real world problems &/or problems for the real people. Making internet‘ & other services more free, open & cooperative. https://x.com/petheth/status/1860680985110782057
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Vitalik Buterin
@vitalik.eth
What specific categories of apps excite you?
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peth.eth
@peth
Many, actually! Most at the intersection of crypto x real life: - Stablecoin payment processors replacing POS Visa & Mastercard devices & fees is the most obvious one - Better capital formation mechanisms bringing back ICOs, but in a way where teams are held accountable through milestone deliverables, ragequitability of funds & chances of being replaced as executors - Easier ways of bootstrapping token economies in the real world, creating liquidity where there is non a-la Grassroots Economics & q/acc ...
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peth.eth
@peth
- Real world assets x global liquidity = better credit markets, allowing people to tokenize & sell their future produce to fund production - Any DePIN economies around file sharing, graphics or data processing, energy production etc. - Easier ways of creating "decentralized Uber for literally anything", to make it easier to create public markets for anything - ReFi, adding splits for funding public goods pools at the protocol level of the financial systems - Tokenization of natural assets, autonomous nature & public goods, esp. in the form of AI managing eg. a public park by raising donations through QR codes to pay cleaners, gardeners.. Also in general extremely bullish on AI agent DAOs that cant scam people because their personal incentive is the project itself, and killing Moloch by having staking & escrow contracts between each other: https://x.com/petheth/status/1862026629666701621
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