Web3 is a Scam, Not a Revolution w/ Stephen Diehl
12 09 21
or listen on:
Web3 is a Scam, Not a Revolution
Stephen Diehl
Notes
Paris Marx is joined by Stephen Diehl to discuss why technologists are divided on crypto, what’s wrong with blockchain, why crypto assets are scams, and why web3 is a rebranding effort.
Guest
Stephen Diehl is software engineer and crypto skeptic based in London. Follow Stephen on Twitter at @smdiehl.
Support the show
Venture capitalists aren’t funding critical analysis of the tech industry — that’s why the show relies on listener support.
Become a supporter on Patreon to ensure the show can keep promoting critical tech perspectives. That will also get you access to the Discord chat, a shoutout on the show, some stickers, and more!
Links
- Stephen has written about how to understand crypto assets, the problem with “decentralization”, the speculative mania inherent to crypto, why web3 is bullshit, and more on his blog.
- Some guy bought a beer with crypto and it showed one of the big flaws with using crypto as a means of payment.
- Andreessen Horowitz one of the main players lobbying for lax crypto regulations in the United States.
- How Albania’s pyramid scheme crisis in the 1990s holds lessons for the today’s crypto mania.
- David Golumbia was on episode 67 (July 1, 2021) and Olivier Jutel was on episode 75 (August 26, 2021).