throaway6942

for opinions like product reviews or entertainment I usually append my search query with 'reddit'

if "web3" works anything like crypto, there wouldn't be any rate limiting as long as you have control over your own node(it might be more expensive / harder to set one up though).

In the same way torrents are not rate limited.

> ignore an massive amount of improvements since the early 90's

That's not the point. having massive improvements since 90s does not imply that we are going to continue from the same path from here on.

> completely accessible via a browser

accessible via a browser is not the same as accessible / interoperable broadly.

> You don't need to read twitter with a special twitter client

YES, some people want to. or maybe I want to do some data analytics, maybe I want to create a localized twitter, or I want to do take public social graphs and do something with it.

web2.0 was about standardizing transport level protocols, web3 is(imo) about standardizing application level protocols using commitment guarantees.

When I use some web2 service, there is almost no commitment guarantees(you can get censored, your data might be access gated or deleted, banks can stop you from doing certain transactions).

Crypto and web3 is about fixing these issues. If Bitcoin promises to work in a certain way today, it will more likely than not work in the same way 10 years from now.

I think there is some weight to the claim.

This is especially true for public user generated content. Any public content should be accessible without limits, but that is not the case with web2(twitter, public Instagram, forums etc).

ofcourse, there are some server costs but the primary reason the walled-gardens do this is more business related than to reduce costs.

No, my argument is that someone like me can easily verify that this was a wash trade.

In fact, marketplaces have already started to flag these transactions[1].

[1] https://larvalabs.com/cryptopunks/details/3100

We can't apply 1:1 laws to crypto precisely because of this.

I can write a piece of code in a few minutes for all the collection I own, does not make it wash trading. In fact, you can very easily check it on etherscan or similar tools that this was a flash loan.

that's not a wash trade.. it was just a publicity stunt. I know the guy who did it!

This is a bad idea imo.

If not anything the comments are valuable. More than once I subscribed to something based on a article I found on HN.

(also usually someone posts a non-paywalled link)

1. Build a cult, something like the bible and distribute it open source.

2. Store your static website on arweave.org for a one time fee.

This might not entirely accurate.

I would speculate that the premium is because of USDTs network effects -- the USDT/crypto trading pairs are the most liquid on centralized exchanges.

There is no reason that holding any "worthless" commodity by itself should incur any premium on the market.

Aaron van Wirdum is a BitcoinMagazine journalist who documents Bitcoin in El Salvador.

https://twitter.com/aaronvanw/status/1435236902274220040

few things I do on Solana:

1. Lend USDC and earn higher interest rate than my bank using https://mango.markets.

2. Trustlessly swap crypto using app.saber.so/#/swap.

3. Occasionally buy NFTs from artists I want to support.

tbh, Solana does offer "dividends" in the form of PoS rewards!

Chivo is a fiat on/off to bitcoin lightning network. You are free to use any lightning supported wallet, maybe even Twitter.

If you are a merchant you can accept BTC via lightning but settle in USD if you wish.

Transactions costs are around $0.0005.