I thinks it’s not “to give up” but rather to keep it in the tech realm and not 
to expect it’s a “silver bullet!”

Best Regards | Cordiales Saludos | Yakoke,

Andrés L. Pacheco Sanfuentes
<[email protected]>
+1 (817) 754-0431

> On Feb 21, 2022, at 9:07 AM, Richard Brooks <[email protected]> wrote:
> 
> So. Your suggestion is give up?
> 
> I find web3 has some interesting aspects. I do not think
> it has found the right applications yet.
> 
> Will it kill capitalism or reform social media, no? I do
> think it has potential to do more than other things evolving
> right now.
> 
> On 2/21/22 09:36, Andrés Leopoldo Pacheco Sanfuentes wrote:
>> Right On.
>> It’s a political issue. Technology just obfuscates the whole thing, the 
>> mirage of progress. Techie Messianism.
>> Best Regards | Cordiales Saludos | Yakoke,
>> Andrés L. Pacheco Sanfuentes
>> <[email protected] <mailto:[email protected]>>
>> +1 (817) 754-0431
>> WACHÍČIŠ’AKE | BLIHEIC'YA YO
>>> On Feb 21, 2022, at 8:06 AM, Yosem Companys <[email protected] 
>>> <mailto:[email protected]>> wrote:
>>> 
>>> I found this to be an interesting post, especially in the context of 
>>> Liberationtech's having supported the development of Diaspora, one of the 
>>> most successful federated social networking sites.
>>> 
>>> Elon Musk is right. Web3 is BS.
>>> By Maciej Baron
>>> Jan 9 2022
>>> <https://maciekbaron.medium.com/elon-musk-is-right-web3-is-bs-1cdafc3f96f7 
>>> <https://maciekbaron.medium.com/elon-musk-is-right-web3-is-bs-1cdafc3f96f7>>
>>> 
>>> To put it mildly, I am not Elon’s biggest fan. He’s an ignorant, 
>>> narcissistic, reckless, self-indulgent buffoon who treats his employees 
>>> like crap, and who just happens to be amazing at marketing himself, which 
>>> helped him become a billionaire, despite running unprofitable companies.
>>> 
>>> Musk however, recently tweeted something that I wholeheartedly agree with: 
>>> “Web3 sounds like bs”.
>>> 
>>> Web3 is an idea, which even Bloomberg admitted is a bit hazy, which 
>>> suggests we can achieve a decentralised World Wide Web using blockchains. 
>>> The proponents of this concept like to talk about how Web 2.0 became 
>>> centralised and controlled by big corporations, and how blockchains, crypto 
>>> and NFTs can help “give the power back to the people”.
>>> 
>>> This all sounds wonderful and looks good on paper, but in reality, it’s 
>>> simply bullshit.
>>> 
>>> WebBs
>>> 
>>> Web3 is bullshit on several different levels, but most importantly, it 
>>> confuses a political and power-relationship problem with a technological 
>>> one. According to Web3 believers, blockchain is the technology that can 
>>> finally allow the Web to go back to its decentralised roots. The truth is, 
>>> blockchains are not only useless in achieving that, we already have the 
>>> technology to do that.
>>> 
>>> ActivityPub is a protocol that has been available for years, and which 
>>> inspired the creation of fairly successful decentralised, federated social 
>>> networks such as Mastodon. Any community can create their own ActivityPub 
>>> instance which is controlled by them — even a single user can create their 
>>> own server instance if they want to, and federate with other instances. 
>>> It’s a beautiful architecture that allows people to control who has access 
>>> to their feeds, and what sort of feeds they are exposed to.
>>> 
>>> So why haven’t we seen a mass exodus of people from Twitter and Facebook to 
>>> Mastodon, or similar platforms? The technology is there, the platform is 
>>> there — all it takes is to register and switch.
>>> 
>>> The reason for this is that platforms like Twitter have already achieved 
>>> enormous power and influence, and a large user base that simply stays where 
>>> most of the people they follow are. There are plenty of stories of people 
>>> switching over to Mastodon, only to return to Twitter shortly after, 
>>> because that’s “where all the action is”. Companies like Twitter spend 
>>> millions on “customer retention”; they help big brands improve their 
>>> presence online and give users plenty of reasons to stay and stick to 
>>> Twitter.
>>> 
>>> The monopolistic nature of the biggest social media platforms is also 
>>> beneficial to other companies, which can streamline their advertising and 
>>> marketing campaigns — this benefits the wider capitalist system. The 
>>> monopoly of the big players is a natural result of the system we have in 
>>> place.
>>> 
>>> The Web3 thinking is based on the naive technocratic assumption that 
>>> technology and “smart ideas” can solve most of our societal problems. Its 
>>> naivety also expands to the belief that free-market capitalism is the 
>>> solution to the encroachment of monopolies, and not the system that is in 
>>> fact actively creating and enlarging them.
>>> 
>>> There isn’t a technology that will solve this, and this isn’t happening 
>>> because of a lack of a certain technology. We already have tools to create 
>>> a decentralised web, and blockchains aren’t even the right technology to 
>>> begin with.
>>> 
>>> Blockchains, NFTs and crypto-bullshit
>>> 
>>> A blockchain is a form of a digital ledger, which consists of records 
>>> called blocks. Such a database is managed autonomously using a peer-to-peer 
>>> network, meaning there is no main, centralised machine controlling the 
>>> whole infrastructure. Instead everything is controlled collectively by all 
>>> the nodes connected to the network.
>>> 
>>> The main purpose of a blockchain, and really the only reason it can be made 
>>> useful, is to record transactions. It is admittedly a fairly clever way of 
>>> avoiding the double spending problem — when a digital token is spent twice 
>>> (or multiple times), that is, transferred to multiple destinations at once. 
>>> This is also why, so far, the only major use of blockchains is for digital 
>>> currency, and artificially scarce digital assets (Non-Fungible Tokens — 
>>> NFTs).
>>> 
>>> Some people have suggested that NFTs could be used for recording things 
>>> like deeds and property titles, but it makes little sense to use 
>>> blockchains for recording anything physical or anything that requires 
>>> off-chain validation, authorisation, authentication or confirmation — even 
>>> if we consider the use of oracles. Blockchains only make sense in a 
>>> digital-only world, and only for transactional data — and so far nobody 
>>> came up with a compelling dapp idea (decentralized application) that is not 
>>> tied to cryptocurrency in any way.
>>> 
>>> This is why when some Web3 evangelists talk about how social media is 
>>> centralised and how blockchains can help, you know they’re bullshitting you.
>>> 
>>> Social media posts are not transactional data. You may have “likes” that 
>>> you can give to posts, but the double spending problem is not relevant 
>>> here, because you have an unrestricted and unlimited supply of “likes”. We 
>>> already have decades old technologies like PGP which can prove the 
>>> authenticity of a post. We already have distributed, peer-to-peer 
>>> technologies allowing for censorship-proof, decentralised storage of data 
>>> (such as WebTorrent used by PeerTube).
>>> 
>>> Unstoppable Domains looks okay on paper, but it’s a for-profit solution 
>>> that isn’t really as decentralised as it pretends to be: you still have to 
>>> go through UD to purchase domains. Moreover, getting around a DNS block is 
>>> quite trivial, and “unstoppable” domains won’t solve the problem of a hard 
>>> IP block by your IPS if used as a DNS provider.
>>> 
>>> Projects like the Interplanetary File System (IPFS) are interesting, and 
>>> were already used to fight against censorship. However, the pricing model 
>>> is slightly obfuscated, the cost of “pinning” (permanent storage) is a few 
>>> times higher compared to regular storage solutions. If you’re using a 
>>> company like Pinata to host (“pin”) your content and guarantee its 
>>> permanence while you pay a monthly fee, you should start asking yourself 
>>> how much decentralisation you are really left with if you still rely on 
>>> your hosting provider and on the caching policy of independent nodes. 
>>> Moreover, we already have magnet links, Tor Onion services and platforms 
>>> like FreeNet, which is nearly 22 years old now (the web itself is only 9 
>>> years older).
>>> 
>>> The technology is already here! We have had similar technologies for 
>>> decades now! …and new technology is not what we need to fight the enormous 
>>> power of the biggest platforms. That’s bullshit.
>>> 
>>> [snip]
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> 
> 
> -- 
> R. R. Brooks
> Professor
> (He/Him/His)
> College of Engineering Computing and Applied Science
> https://www.clemson.edu/cecas
> Clemson University
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