The article sounds good. It depicts how current mainstream business models collect data and maintain control over their users, in a way, it seems it will legally challenged.
But wait a moment. It offers, in exchange, and in an indirect way, but as the author being the founder of Ethereum, the decentralized app business model, where app developers / users must pay a fee to participate.
So the current choice is: Go develop a business the classic / mainstream / centralized way, and do, or do not harm by collecting data and control the users. Or, create a decentralized app, where the first thing, for you or your users is to "Get some ETH".
No thanks. I don't think the answer for what FAANG did wrong is me / my users to pay a fee to develop / use an app. There should be a third way.
> the first thing, for you or your users is to "Get some ETH".
In a year, it'll be so ubiquitous to have any coin, and the ability to swap it instantly at a digital POS for your purchase, that this will seem hilarious.
This entire community is missing the fact that even MASTERCARD is going to use Ethereum as a settlement layer....
I saw this in Golden Boy episode 1 [NSFW] - where the protagonist used a piece of paper with a keyboard drawn on it.
<spoiler>
In the end, he was able to develop one of the most robust operating systems ever seen in that universe, in a matter of days.
</spoiler>
I guess the reality you live in where you can somehow develop an app without money is different from mine. There is absolutely a digital divide in many different aspects of this computing ecosystem, and that's not a reason not to adopt and utilize great technologies that provide transparency and decentralization to the end user.
Frankly, the anti hacker sentiment I'm seeing lately on HN is unbecoming of the hacker way. Let's try things, break them, try again, and perfect them.
There's no reason to see the glass half empty on every amazing new occasion.
It is interesting that the person opposes "Get some ETH" with some unknown thing, but what really is implied in that is “Give me some data so our company can profit way more than the benefits we provide”.
But wait a moment. It offers, in exchange, and in an indirect way, but as the author being the founder of Ethereum, the decentralized app business model, where app developers / users must pay a fee to participate.
So the current choice is: Go develop a business the classic / mainstream / centralized way, and do, or do not harm by collecting data and control the users. Or, create a decentralized app, where the first thing, for you or your users is to "Get some ETH".
No thanks. I don't think the answer for what FAANG did wrong is me / my users to pay a fee to develop / use an app. There should be a third way.