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Some retail snags in the last week or so
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Chief
Noticed this at 4:20 pm
Bowl Leader
What salary range can be expected as PO at Maersk HQ in Copenhagen? I am shifting into a business product (portfolio) owner role where I will be managing and prioriting the requirement funnel towards a central IT infrastructure from the technical business unit stakeholders (e.g. from mechanical and electrical engineers.).
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Ugly F’ing beat down today
Conversation Starter
Chief
I blame NFTs
I’d also advise people to do their research on how many Fortune 500 companies and governing bodies are investing into blockchain related tech. Willing to bet the very firms you all work for are investing in it, and are already using it… wake up - why else would the US government be gunning so hard to catch up to the industry? Sure there’s much tax dollars to collect, but this will change much more than most can fathom.
Pro
1 no use cases
2 it’s the opposite. Btc offers no benefit because the businesses established structures of liability that allow them to manage risk that btc doesn’t. In the end that means costs goes up to offset the risk.
I love it when people act like they know about btc but actually all they do is spew baseless talking points and demonstrate a complete lack of understand of a) the technology and b) the business use cases
Conversation Starter
Crypto, so far, has proven to be the an excellent tool to separate money from ‘believers’. The other tried and true tool is called religion.
How about - you join the boomer crowd, and 5-10 years down the road I’ll be retired and come back and see how you’re holding up?
Pro
By heavily you mean not heavily, but okay.
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But…the winklevoss twins said bitcoin was the most important invention since the printing press 😂
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The biggest thing crypto has done for the real world is to reaffirm that most people want to get rich quick. They either get rich or 'die' tryin
Ah all the boomers have come out of the woodwork I see. Look up the definition of web3. You’re equating scam coins and nascent defi protocols to a paradigm shift in how we use the internet. Open your mind a little and read into why the tech matters, rather than just scream your doubts in an echo chamber.
D - yes I can. But there’s no point because it’s clear you’ve already made up your mind. The internet did virtually nothing for the first 15 years of its existence and look at the companies you’re shilling now?
Again, you’re looking at this at an individual protocol level, which is why it seems to solve nothing. This stuff is new, and will take some time to mature.
https://www.npr.org/2021/11/21/1056988346/web3-internet-jargon-or-future-vision
SWIFT is end of life. Something will replace it. Defi makes sense. Public ledger makes sense. Lots of use cases exist. We’re working publicly through the test phase in society. Getting hacked is our pen testing, user acceptance testing, it’s all happening live. Adoption will happen when people don’t realize it’s blockchain as the underlying technology. I believe we’re all betting on the protocol, instead of investing in the platform that makes it transparent. How long was it between internet usage and .com boom 1983 to late 90’s. So like 19 years. E-commerce in the 2000’s. Cloud is still going. No one was investing in TCP/IP. No one was investing in UDP. Blockchain is just a protocol and a public data store. It always reminds me of something similar to UPS tracking. Except we’re moving money instead of packages. The reason I got into Ethereum in 2016 was because I saw that if something like TCP/IP was monetized, democratized, there would be a lot of value and potential created. I wasn’t exactly sure how it would play out. No one had created anything with it. I bought 350 Ethereum after it was hacked. They were like $6 each. I’m still willing to see how it plays out. TCP/IP didn’t go away. I think crypto is evolving. It might take another couple cycles to realize the potential I initially saw. Where we might be wrong is the part I mentioned earlier. We’re investing in the protocol, not the platform that makes it transparent. They might be one in same, or they might be different. What if you invested in TCP/IP, but eBay was booming in 2003. What if USPS used blockchain to improve package routing. You wouldn’t make a dime. That’s where it gets gray because there’s gas fees on some networks. Will a gas version of TCP/IP work? I don’t know, but I’m willing to find out. Thoughts?
Pro
Defi doesn’t make sense as people who are losing all their money on defi platforms without any recourse are now understanding.
decentralization is inefficient - what are the use cases that couldn't be done better on hosted infrastructure, from a private company perspective? why add the overhead for block chain if you just need debits and credits?
Rising Star
Look at El Salvador, no one is using it, the govt’s investment has lost more than half in value, growth has stopped. Read the news? It’s the best antidote to BS
I don’t disagree with you, but gloating about it in a market crash is unseemly
Visual Storyteller
Let's be honest, no one here is in it for the tech. They're here to make a quick buck.
Something that can’t die won’t. I suspect a lot of laid off web3 talent will get picked up by enterprise seeing an opportunity to enter a more mature market after doing some blockchain tourism before the 2018 crash. One of my favorite criticisms of web3 is that it has a lot of incredibly smart people with no concept of how business works. Those worlds are starting to come together and will turn Monopoly money into real world value.
There is “crypto” and then there is Bitcoin. People used Bitcoin in Ukraine when their banking systems were disrupted.
Pro
And they’d have used something else otherwise…
People witnessed others multiply their net worth in a short time span and thought it was the answer to financial freedom - there will be many more who multiply their net worth in Crypto, that’s a fact
However, if you’re viewing it’s future success based on it’s slow and seemingly non-existent impact on the world to date and adoption you will be sorry when you see the innovation and change it brings to many industries in due time
Pro
Hey, where can I get the kool-aid?
It has provided banking to the unbanked in parts of the world where it’s not profitable to operate a bank and it has also helped provide people without financial means due to government control to survive. For what it’s worth the blockchain has been around for a long time as a data structure and was used for tracking document versioning prior to crypto
Pro
Wow how virtuous. Virtue-signaling aside, how does that form the basis for its valuation…