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by PragmaticPulp 1614 days ago
Doesn't really make sense. People leave for cryptocurrency projects because they’re promised a huge portion of the tokens or pre-mined coins. The idea is that they just need to make the project work well enough to hype enough people into buying the coins, at which point they can unload them at huge returns and then move on to the next crypto project to repeat the process.

It doesn’t make sense that Google would keep people around, pay them a lot of money, have them produce useless projects without the same asymmetric upside potential, all to keep them from going to companies that weren’t even competitors in the first place.
3 comments
vmception 1614 days ago
I'm all for a huge premine and short vesting period, but Google is competing with Meta.

Google is Web 2.0 "get off my lawn" Mecca, they ignored this space until Meta.

People go there because they just caught on to the compensation packages and are going to catch on to Web3 compensation packages just as late. They already work on overly complicated stacks for useless cogs on useless products that Google shuts down randomly.

Have you seen what "backend" competency entails these days? Its absurd!

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dehrmann 1614 days ago
> It doesn’t make sense that Google would keep people around, pay them a lot of money, have them produce useless projects

It might. This keeps these people out of the job market.

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jmeister 1614 days ago
This is silly. There are many, many true believers.

https://news.ycombinator.com/item?id=29140393

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NicoJuicy 1614 days ago
That's just a comment to yourself without many commenters in it.

/S?

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jmeister 1614 days ago
It links to this course syllabus from the top algorithmic game theorist in the world:

https://timroughgarden.github.io/fob21/l/l1.pdf

I doubt roughgarden is excited about blockchains just because he has some tokens

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NicoJuicy 1614 days ago
Not exactly.

You mentioned that there are true believers, so i thought you referred to the commenters on the topic, since you linked to the HN topic and not the pdf associated with that topic.

Which is a bit confusing tbh :p

Definitely since you both submitted it, have the top comment on it and I don't know him.

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