Chris Trottier

Can we please stop throwing legit tech under the bus just because cryptocurrency scammers have hijacked those terms?

Examples:

1. P2P - BitTorrent is legit!
2. Crypto - cryptography is legit!
3. Metaverse - VR is legit!
4. Token - OAuth is legit!
5. Ledger - spreadsheets are legit!

Dec 29, 2022 at 8:01pmWeb
Show threadJasonDec 29, 2022
@atomicpoet spreadsheets ftw
Show threadKingsley Uyi IdehenDec 29, 2022

@atomicpoet,

In addition:

6. Non-Fungible Token -- X.509 (#X509) Certificates are not only legit, they are understood by every modern computer OS (from mobile phones to desktops)

7. Web 3.0 (not the same as Web3) -- legitimately denotes an evolution of the #Web into a global machine-computable #DataSpace constructed from hyperlinks that denote entities, entity types, and entity relationship types.

Show threadTaco 🌮​Dec 29, 2022
@atomicpoet Metaverse == Facebooks failed VR world. That's a very specific trademark for a very specific brand, unlike crypto or ledger which are generic terms.
Show threadChris TrottierDec 29, 2022
@adammike People were using the term "metaverse" way before Meta got their claws into it.
Show threadTheodora LauDec 29, 2022
@atomicpoet @adammike Before Facebook even existed ...
Show threadTaco 🌮​Dec 29, 2022
@psb_dc @atomicpoet the word may have existed, sure, but the other words on that list are very generic, and more importantly, popular terms. I suspect you guys are referring to the DC universe concept of metaverse, which does predate Facebook. The number of people that would recognize that is microscopic compared to terms like "crypto". Your point stands, though. Metaverse is not a Facebook specific brand.
Show threadChris TrottierDec 29, 2022

@adammike @psb_dc The term was often used by devs building virtual world tech. Think Second Life or Roblox.

And when VR began to take off, a lot of those devs found that many things that apply to Second Life could also potentially apply to VR.

But then Facebook bought Oculus and decided to re-brand their entire company around the Metaverse.

Show threadAodh the sorcererDec 30, 2022
@psb_dc @atomicpoet @adammike Before www ever existed...
Show threadAdam DallianceDec 30, 2022

@atomicpoet @[email protected]

Vr is legit.

A metaverse, where all the vr worlds are linked and i can carry items and avatars from one game to another, is bullshit.

Doesn't matter if you do it with crypto tokens or shared APIs, nobody wants you to be able to fight Skyrim dragons with Elite spaceships.

The word metaverse is bullshit hype, whether it's crypto related or not.

Show threadTheodora LauDec 29, 2022

@atomicpoet This is one good example and use case.

https://decrypt.co/117312/un-taps-stellar-blockchain-send-war-impacted-ukrainians-usdc-stablecoins

UN Taps Stellar Blockchain to Send War-Impacted Ukrainians USDC Stablecoins

The UN Refugee Agency is turning to crypto to aid internally displaced persons and other war-affected people in Ukraine.

Decrypt
Show threadCecilBothwellDec 29, 2022
@atomicpoet
Um, but isn't the point to avoid taxation? And isn't taxation about the common good? So isn't crypto anti-social?
Show threadChris TrottierDec 29, 2022

@cecilbothwell The point of cryptography is privacy. Cryptography is something that you use every day.

If you're using your entering a password into a website, some cryptography is probably involved.

Show threadCecilBothwellDec 29, 2022
@atomicpoet
I get the point of cryptography. My thinking is that cryptocurrency is intended to avoid accountability to society. We who participate in the public economic system, even if we protect our privacy around specific information (SS#, CC#s, account balances, etc.) submit to accounting for income and payment of democratically legislated taxation (whatever its flaws). The funny part, clear with this year's collapses, is that cryptocurrency ALSO depends on the "real" stuff. Ooops!
Show threadChristian HachmannDec 30, 2022

@cecilbothwell @atomicpoet
I think, that was exactly Atomicpoets point:
Whereas cryptocurrency is (at least predominantly) a bullshit* application, cryptography as such isn't.

*) Covering the whole range from harmless nonsense to dangerous stuff with (just) wasteful applications in between

Show threadKellum DanderDec 29, 2022
@atomicpoet even cryptocurrency has its place, outside of the scurrilous racket that the speculation market created.
Show threaddjmDec 29, 2022
@atomicpoet
Blockchain: git is legit, The Update Framework (TUF) is legit.
Show threadBlake LeonardDec 29, 2022
@atomicpoet
Arcade tokens are legit, Yggdrasil is legit, WebRTC is legit...
Show threadTyler FlemingDec 29, 2022
@atomicpoet the problem is education, the issue is always the lack of education and people without the proper education speaking poorly but with confidence.
Show threadMartinDec 29, 2022
@atomicpoet there are even legit use cases for cryptographically secured ledgers (e.g. audit logs) but all this distributed non-sense that suffers from not being able to solve the oracle problem is crap.
Show threadGen X-WingDec 30, 2022

@atomicpoet 3. Neal Stephenson’s original Metaverse was always legit. It’s meta’s copyright infringing malarkey that sucks.

Anyone who hasn’t read Snow Crash. Do so. It is still mind blowing 30 years later.

Show threadDavidDec 30, 2022
@atomicpoet Is anyone actually throwing cryptography under the bus because of cryptocurrency scams? I’ve only seen people throwing cryptocurrency under the bus because of cryptocurrency scams (which seems pretty fair to me!)
Show threadCrimperman has movedDec 30, 2022
@atomicpoet this is the same battle we faced with 'cracker' Vs 'hacker'. I fear we will lose this one too. Popular (and somewhat lazy) voices misinform the even lazier populace. Yours is a very valid point but I fear, if we are having to make it, it is too late.
Show threadSakuyaDec 30, 2022
@atomicpoet metaverse is however not legit. It is a marketing term meant generally to describe the concept of putting everything within itself: work, talk, and play. All while doing so on a single platform or within a series of interconnected platforms. Personally I think keeping work life and home life separated is something that should be respected, as this is critical to privacy and thus workers rights.
Show threadApizo HafeezDec 31, 2022
@atomicpoet Cryptography != Cryptocurrency
That's where the negative connotation comes, pity the innocent tech.