hackmd.io is an excellent markdown editor with github integration, sharing, and all of the features I have ever needed. Highly recommend for those looking.
For a start, the entire series of responses in this article is nonsense, beginning with the very first claim about "Web 3" somehow being a response to twitter changing their API. There's nothing about blockchains that stop companies from changing or shutting down an API. Chris even appears to agree with this in a later response!
Up to now everything about "crypto" has just been a vehicle for speculation and get rich quick. There is no real world problem being solved. I have seen many possible uses proposed but none actually enacted and every case were blockchain may be used, something far more practical is already in place solving that problem and doing so without the impact to the environment or the electronics market.
But do NFTs actually have properties that solve any of these alleged problems?
> school library reserved room token
Like, reserving a room at a library... is this really a problem for which the best solution is writing immutable code to a blockchain and exchanging tokens on a centralized platform that incurs tons of money in gas fees? Is that truly better than... a volunteer employee at the front desk trading you a conference room key for your driver's license? I feel like if this is the end all be all example of the power of NFTs, it's a clear admission that the tech is kinda worthless?
So your point isn't that it's a good solution to any problem, but that it's ubiquitous. Unfortunately, I think you're right. Hopefully we solve that library-conference-room problem soon!
like the "networking system that interoperates between all devices in the world", Ethereum is the next "agreed upon" frontier that can enable all of these things,
already is,
and that you may be lacking imagination as to what it could offer us to have that consensus.
A global, public, decentralized enough (not controlled by one nation-state or group, for better or for worse) settlement layer.
Why are MasterCard and Visa looking to settle on it if it's just me looking to solve the library room thing, like an egg looking for its chicken?
Somewhere between 0 and 3%, but that doesn't account for the added value of my life savings not being wiped away if I accidentally misplace my credit card or it gets cloned.