[charlchi]

Here's a crowdfunded, decentralized YouTube. Crowdfunded. Decentralized. I don't see why everyone is using private business and investment lingo. People seem to be missing the point entirely. Also, if your startup fails and you didn't actually learn anything or made anything remotely usefull, that's a waste. This doesn't seem like a "waste". It's crowdfunded. The type of people supporting this probably couldn't care less if it "fails". I repeat myself verbatim: I don't see why everyone is using private business and investment lingo.

[wpietri]

Sure. But for it not to be a waste, they really do have to learn something. What hypotheses are they testing? What can this project tell us that we can't learn from the history of decentralized efforts?

I'm not saying that there isn't anything. Just that new efforts should be making new mistakes.

(Also, the reason to use investment lingo is that investment is the field that specializes in examining cost-benefit tradeoffs for resource usage that hopefully leads to human benefit.)

[smolder]

I also do not see this as a waste. I was just replying to the parent. It's silly to label this a waste when so much we do is wasteful to no end.