Review: In "Read Write Own", the Andreessen Horowitz general partner and web3 superfan Chris Dixon lays out an unconvincing argument that blockchains are what it will take to fix the web.

https://www.citationneeded.news/review-read-write-own-by-chris-dixon/

#web3 #blockchain #cryptocurrency #crypto #AndreessenHorowitz #CitationNeeded

Review: Chris Dixon's Read Write Own

Prominent crypto venture capitalist Chris Dixon provides an unconvincing bible for blockchain solutionists.

Citation Needed

Enjoying posting this to Mastodon, which I have been informed by Chris Dixon is a failure.

He's real mad Mastodon won't use a blockchain, btw.

It's worth noting that Andreessen Horowitz is running a huge marketing blitz around this book.

This isn't just Chris Dixon misreading the room and publishing his book two years too late — they're trying to drum up the next story to sell people on crypto.

@molly0xfff Pivoting back from A.I. to Crypto already?
@molly0xfff "Forget those old scams so we can sell you these new scams."
@molly0xfff I would suggest this is the answer to the question you pose at the end: the audience for this book is the next sucker, for unloading their stakes.

@molly0xfff

Do you think they'll run an ad during the Super Bowl? (semi-serious question)

And will they hire Larry David to star in it? (Unserious question)

Larry David addresses controversial FTX 2022 Super Bowl commercial: "Like an idiot, I did it"

The commercial was part of a $20 million ad campaign promoting FTX that enlisted athletes and celebrities such as Larry David, Tom Brady and Gisele Bundchen.

CBS News
@molly0xfff Blockchain cured the rash on my Dixon, though.
@molly0xfff i was surprised the number of press hits he seems to be getting .
@molly0xfff They won't stop until they have all of the money.

@molly0xfff obligatory Mitch Hedberg paraphrase…

The ad told me to forget what I knew about crypto. So I did. And then they tried to sell me crypto and I had no idea what the hell they were talking about.

@molly0xfff So nice of him to print his exploit-other-VCs slide deck as a book. I hope they all do another round of tulip mania and burn everything they have to the ground.
@molly0xfff When has telling people to "forget what they know about X" not been a red flag? Isn't that literally what every snake oil salesman starts their "gather round" speech with?

@soviut @molly0xfff I think the people who knows enough about them to even be able to forget it are most definitely not the people they're targeting. 🙂

There is a parallel here to "forget what you know about science, this is why the earth is flat".

In a scam you want your marks to either be uninformed, but it's better if they also think they are informed.

@molly0xfff I listened to two interviews with Dixon. In neither interview did he explain a single application in which the blockchain is essential. Bizarre.
@molly0xfff blockchain is complete opposite of early internet
@molly0xfff "if i cant profit from it, use it as a cudgel to beat people i dont like, or run disinformation campaigns, its a failure" is a real qanon cultist nutbag take, heh
@molly0xfff Can’t these folks think of something else for once? I don’t understand the blockchain cult.
@jmanes @molly0xfff Blockchain aka "Linked list with cryptographically signed nodes". Linked lists are known for their speed when searching information (irony) and the cryptography (although it has it uses) won't speed things up
@molly0xfff Mastodon needs Blockchain like a fish needs a bicycle.

@molly0xfff

There was a period where I expected Musk to try to convert Twitter to a blockchain.

@jimgon @molly0xfff it seems his main interest in blockchain anything was when he did that pump-n-dump of Doge-coins.
@jimgon @molly0xfff Imagine the hilarity if he had. 🙂

@loke @molly0xfff

I like to imagine he brought it up and someone said they would need their own nuclear reactor to power it and each tweet would take an hour to post.

@molly0xfff so much of this text means absolutely nothing it's kind of amazing
@molly0xfff I feel like this misses that the point of federated decentralization isn't to prepare for eventual centralization, but to be able to decide who to federate with and to tell everyone else to fuck off.
@molly0xfff Translation: “let’s take Mastodon that mostly works OK and fix a non-existent problem by massively increasing its carbon footprint” 🤦
@KimSJ @molly0xfff The block-chain would solve one problem with social media: misinformation and hatred spreads like wildfire on it. Using a blockchain would slow this process down ;)
@molly0xfff Thanks for this. Little else has made me feel quite as optimistic about the future of the Fediverse.
@molly0xfff sorry can you repost the image as an NFT? My face computer only supports verified content

@molly0xfff Chris Dixon is having his moment picking "winners" but suffers the same myopia that everyone on Sand Hill has these days: every atom of existence is here to serve a P&L sheet (in his case one with a DLT attached to it) and has no concept of why anyone does anything or wants anything for any other reason.

It's stultifying in its shallowness. It's a mis-read of why federation is even taking off in the first place, not because they can't spot it, but because they willfully refuse to.

@molly0xfff it's a lot like when our smallest dog (a 5-pound chihuahua) throws a tantrum. We call it "BIG MAD".
@molly0xfff aaaaand how does he propose anybody delete a post from an immutable ledger?
@stripey yeah, cf. "At no point does he mention any of the many issues in these spaces that can't be addressed with just a blockchain, or issues which in some cases are made worse by the use of a blockchain."
@molly0xfff is bananas too me how these folks blind themselves
@stripey @molly0xfff isn't that one of the problems Matrix (or something similar I've confused it with) has encountered with their fancy federated chat rooms that use cryptography for something possibly unnecessary.
@gravepapaya @molly0xfff that sounds close to my understanding. I'm not an expert on how Matrix works, but my recollection is that there isn't an immutable ledger required for each message; a new instance can come online and participate without having a copy of the history of the world.
The problem with message deletion is that it goes across the network as a message directing participating instances to delete the specific history, and that there's nothing to enforce that deletion across the whole network. If an individual instance doesn't honor the deletion, the message is retained on that instance.
I don't think that's got anything to do with cryptography, though.

@stripey @gravepapaya @molly0xfff That deletion issue is even more noticeable with fediverse: I’ve had software ignore my (test) attempts to undo a fav. I run Pleroma, and I think it was Friendica ignoring the undo. This was years ago; presumably that particular glitch is fixed.

This made me seriously rethink whether it’s any safer to post on a federated instance than on a centralized walled garden. Even self-hosted instances propagate a post widely and out of author’s control; with walled gardens, at least I have no illusions that I am not the admin and that the admins may keep a copy of my deleted posts (which, if they’re scrutinized by regulators, they likely do not actually keep — but they might). With self-hosted instances, I personally felt an illusion of data control that’s not really there.

Therefore I concluded that it’s not safe for me to post short opinions of sort that I might regret 1min, 1h or 1d later. (I sometimes would hit the send button, then rethink, then delete.) So I rarely post on fediverse despite believing it’s morally better than the walled gardens that I stopped using for other reasons.

And there’s no real sync mechanism with fediverse: just shutting down the instance for long enough means you might never be re-sent the delete requests.

Neither of these two examples was software intentionally breaking a social contract — these are bugs or system failures. No need to modify the instance software to actively ignore delete requests, take regular snapshots or write new software that just accepts create activities while ignoring delete activities.

There’s at least a chance of Matrix software catching up (they have the sync mechanism for room which I don’t really like for other reasons, but it’s there). With fediverse, the sending instance would have to keep the delete activity around long enough so that recipient instance (which may be something like 6mo down) catches up. Recipient instance won’t be continuously polling “is this deleted” for all posts it hosts a copy of — that would be just continuous useless traffic — and the sending instance will give up to save resources.

Receiver can catch up on posts by polling the posts feed; will it catch up on activities operating on those posts? Not sure what’s in the feeds, honestly, and the lookback will also only take you so far anyway.

XMPP gets closest to what I feel somewhat safe, with “a chat message and pubsub post will likely not get replicated widely, and it will be fetchable on demand”. This experience with XMPP is where my illusion of self-hosted data control originates from.

With fediverse and its replication/caching and software bugs and potential for third party scrapers to archive everything, that expectation is not really there.

@molly0xfff @stripey “Hammer Salesman Continues Insisting Any Given Object Nail”
@molly0xfff “To complicate matters further” would be to add blockchain on top of existing federated networks that are already working without articulating a clear benefit for adding that complexity. The world needs to be saved, but only if I can be the one to save it.

@molly0xfff woah, that’s… quite some hot takes by that person there.

I think it’s probably even good we don’t have a “true state” and that we don’t centralise data.

@molly0xfff

Did Douglas Adams get it wrong?

Is the "shoe event horizon" really a "block-chain event horizon"?

@molly0xfff Oh yes, they are powerful tools. I haven't find a use for the tool yet, but surely powerful :'-D
@molly0xfff Sheesh. Are they still trying to sell that snake oil?

@molly0xfff

Anyone still pitching blockchain in this day and age is a huckster who needs to take a few more math courses, especially set theory.

1. Blockchain does not keep its promises. "Immutability" is a worthless guarantee, for a number of excellent reasons.

2. Nothing is hacker-proof. Nothing.

3. There are better ways of doing this and they've been around a very long time.

@molly0xfff Well I guess I don't have to finish my copy then.
@molly0xfff "Unconvincing" is a masterful understatement 😃 Back to my RSS feed...
@molly0xfff that horse they are beating is so very dead
@molly0xfff it must’ve taken him a while to write this, most of the snake oil folks have moved on to the “You really need AI” shtick now!
@sellorm he does fit a lot of AI boosterism into it, too
@molly0xfff multi-pronged grift, I should have known 🤦‍♀️