from Hacker News

Vitalik's Response to Moxie

by bvaldivielso on 1/8/22, 5:24 PM with 10 comments

  • by otterley on 1/8/22, 6:00 PM

    “Moxie is right, but if we just replace what exists today with this totally different thing — an outcome which is by no means certain - we will have addressed his concerns.”

    You have to admire his optimism, even if it’s mixed with a whole lot of naïveté.

  • by mwattsun on 1/8/22, 5:37 PM

  • by digitcatphd on 1/8/22, 5:53 PM

    His comments primarily address technological advancement, which are not necessarily the same as replacement of or even reliance on centralized systems.

    Platforms like OpenSea have a network effect and the marginal value of fully decentralized NFT trading or even the technical support (E.g. YouTube tutorials) of Metamask, for instance, does not outweigh the advantage for most users.

    Moreover, it's in the best interest of these centralized platforms to remain centralized as it creates user stickiness.

  • by zeroimpl on 1/8/22, 10:49 PM

    In case you missed the discussion on Moxie’s comment:

    https://news.ycombinator.com/item?id=29845208