since much of the chatter is and minded -
i felt encouraged might offer different solutions.

however, the clip is from a few years back..
ideas of contemporary developments??

@humanetech hey.
yes.. thats pretty cool indeed!

@ahanon it's refreshing to see how web3 is pushing for the decentralization that was part of web1 whether it be blockchain or federated networks.

decentralised promises are innate with the internet since early inceptions - eg bush, and arguably prior -
as we know, the promises turned to dust and, tbh imho there's a BIG diff between fed nets and blockchains.

the latter have commodification built in, and so long as it is the case, the claim for decent on blockchains is like saying any currency is distributed - while forgetting the gardeners that keep the park well Locked IMHO.

@ahanon @purplepeopleeater The way I see it, blockchains are a tool for distributed networks(validated tamper-proof distributed storage) and incentive-driven decentralized applications.
I don't see comodification as inherent to blockchain systems, it's a way to address the incentive problem. Not all applications require an incentive to function, but some do, or at least to scale.

@drpyser @purplepeopleeater

Well.. I wonder how "incentive driven" operates in oriented networks, since it seems of a narrow and a particular kind -
that of turning all into numerical value-able actors with prices that negate qualities.
Consider this exchange between us -
hopefully, we are both incentivised precisely by that which escapes valuation.
if one of us Knew
or suspected that
the other get some kind of, say, money -
will we have a similar exchange dynamic quality?

@ahanon @purplepeopleeater human interaction is its own incentive. Monetizing human interaction may have perverse effects, indeed. Not seeing a need for a crypto token there.

Consider filecoin & IPFS. You can choose to participate in the IPFS network, and replicate & serve data for free.
But if you want to make sure important data is sufficiently replicated at all times, you need to provide an incentive. With filecoin, hosting and serving data on IPFS is rewarded.

@drpyser @purplepeopleeater

well.. one person's reward comes at the expense of another's freedom through prioritising monmetised data.

i hoped an internet future could do better than feudalism.. perhaps internet N -
or indeed, when we get past digitilised electro-networks? ;)

@ahanon @purplepeopleeater I don't see how this limits freedom. I don't see how this implies feudalism.

It's a basic economic problem. Providing internet services has a cost. That cost has to be absorbed. By rewarding service providers proportionally to their service, not only is the cost absorbed but people can be incentivized to provide a better service and make a livelihood out of their service (if it is valued enough).

How do you think it should work?

@drpyser @purplepeopleeater

hummm... we have to leave the economy aside here imho

i think its a technology question that fails in it's promise.
there's no way to come both distributive and monetised - something will have to give. Since we are talking about political entities that do business for the company's profit rather than the social -
its hard to see past another batch of technologies failing their humans.
kind of sad, no?

@drpyser @purplepeopleeater

(an example? etherium bailing out dao.. indeed, the very fact it was a question, makes the whole technology un-fit for privatised profits imho..)

@ahanon @purplepeopleeater
I don't understand your point here. The DAO failed because it was hacked. It was a technical failure. Many more DAOs now exist that don't have those technical defects.

@ahanon @purplepeopleeater
From what I understand, the chain was forked to revert the hack and return people's money, right? Not sure it could happen today for Ethereum.
Ethereum might not be the best example of decentralization.

@ahanon @purplepeopleeater

I'm not talking about "the economy". I'm talking about "economy" as a natural social phenomenon in human societies.

@ahanon @purplepeopleeater
Nothing is perfect, I don't really believe in utopia. I agree that monetization can become problematic in that power corrupts, and money becomes power. I don't see how that's avoidable, though. It's human nature to seek more for oneself. What these systems try to do is to align human nature with larger goals through these incentive mechanisms.
I think we've yet to see those projects succeed or fail. Failure is part of progress too.

@ahanon @purplepeopleeater
I don't believe all blockchains project are about making money for a company. Individuals want to make money through those projects, sure, that's natural. But the projects have goals beyond money-making, and that's what should drive their value and their network. For example, I respect the IPFS project, and filecoin is there to support it, so I'm willing to give it the benefice of doubt.

@ahanon @purplepeopleeater

I think all sorts of interesting applications are being brought out. I think it's unfair and unproductive to dismiss them all because of political sentiment.

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