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drewdevault.com

[mirror] blog and personal website of Drew DeVault git clone https://hacktivis.me/git/mirror/drewdevault.com.git
commit: 4f097ce5dac3bb8b547d7f1ea8c98465afc8a6a5
parent 051fda9c4b9ffd4657970a2a7ccf2013ffbf96fa
Author: Drew DeVault <sir@cmpwn.com>
Date:   Mon, 26 Apr 2021 11:09:33 -0400

Fix typo

Diffstat:

Mcontent/blog/Cryptocurrency-is-a-disaster.gmi2+-
Mcontent/blog/Cryptocurrency-is-a-disaster.md10+++++-----
2 files changed, 6 insertions(+), 6 deletions(-)

diff --git a/content/blog/Cryptocurrency-is-a-disaster.gmi b/content/blog/Cryptocurrency-is-a-disaster.gmi @@ -14,7 +14,7 @@ Don’t make the mistake of thinking that these are a bunch of script kiddies. T I would give more examples, but secrecy is a necessary part of defending against this — which really sucks for an organization that otherwise strives to be as open and transparent as sourcehut does. -Cryptocurrency problems are more subtle than outright abuse, too. The integrity and trust of the entire software industry has sharply declined due to cryptocurrency. It sets up perverse incentives for new projects, where developers are no longer trying to convince you to use their software because it’s good, but because they think that if they can convince you it will make them rich. I’ve had to develop a special radar for reading product pages now: a mounting feeling of dread as a promising technology is introduced while I inevitably arrive at the buried lede: it’s more crypto bullshit. Cryptocurrency is the multi-level marking of the tech world. “Hi! How’ve you been? Long time no see! Oh, I’ve been working on this cool distributed database file store archive thing. We’re doing an ICO next week.” Then I leave. Any technology which is not an (alleged) currency and which incorporates blockchain anyway would always work better without it. +Cryptocurrency problems are more subtle than outright abuse, too. The integrity and trust of the entire software industry has sharply declined due to cryptocurrency. It sets up perverse incentives for new projects, where developers are no longer trying to convince you to use their software because it’s good, but because they think that if they can convince you it will make them rich. I’ve had to develop a special radar for reading product pages now: a mounting feeling of dread as a promising technology is introduced while I inevitably arrive at the buried lede: it’s more crypto bullshit. Cryptocurrency is the multi-level marketing of the tech world. “Hi! How’ve you been? Long time no see! Oh, I’ve been working on this cool distributed database file store archive thing. We’re doing an ICO next week.” Then I leave. Any technology which is not an (alleged) currency and which incorporates blockchain anyway would always work better without it. There are hundreds, perhaps thousands, of cryptocurrency scams and ponzi schemes trussed up to look like some kind of legitimate offering. Even if the project you’re working on is totally cool and solves all of these problems, there are 100 other projects pretending to be like yours which are ultimately concerned with transferring money from their users to their founders. Which one are investors more likely to invest in? Hint: it’s the one that’s more profitable. Those promises of “we’re different!” are always hollow anyway. Remember the DAO? They wanted to avoid social arbitration entirely for financial contracts, but when the chips are down and their money was walking out the door, they forked the blockchain. diff --git a/content/blog/Cryptocurrency-is-a-disaster.md b/content/blog/Cryptocurrency-is-a-disaster.md @@ -60,11 +60,11 @@ it's good, but because they think that if they can convince you it will make them rich. I've had to develop a special radar for reading product pages now: a mounting feeling of dread as a promising technology is introduced while I inevitably arrive at the buried lede: it's more crypto bullshit. Cryptocurrency -is the multi-level marking of the tech world. "Hi! How've you been? Long time no -see! Oh, I've been working on this cool distributed database file store archive -thing. We're doing an ICO next week." Then I leave. Any technology which is not -an (alleged) currency and which incorporates blockchain anyway would always work -better without it. +is the multi-level marketing of the tech world. "Hi! How've you been? Long time +no see! Oh, I've been working on this cool distributed database file store +archive thing. We're doing an ICO next week." Then I leave. Any technology which +is not an (alleged) currency and which incorporates blockchain anyway would +always work better without it. There are hundreds, perhaps thousands, of cryptocurrency scams and ponzi schemes trussed up to look like some kind of legitimate offering. Even if the project