I worked in Solana and was surprised to find out that a developer can update a program at will

> and governments issuing their own coins. ... in which case they could just create a standard centralised system and avoid all the overhead of blockchain - or am I missing something here? I don't see the point in mining coins when you could simply run a for loop generating uuids followed by perhaps signing transactions with public key cryptography. I feel like we'll look back at "web3" as a wild west of cryptomania. Perhaps we all need to start thinking along the lines of "Generation GPT" - this seems to be the next evolution of the Web if you ask me.

> I think web3/crypto will have mass adoption, but when it does, it will be much more boring and seamless with what we have today, with large companies managing blockchains and governments issuing their own coins. What point is there in the blockchain here? Why would a company or government need or want the indirection and overhead of blockchain/cryptocurrency instead of a normal database and traditional currency?

> I think web3/crypto will have mass adoption, but when it does, it will be much more boring and seamless with what we have today, with large companies managing blockchains and governments issuing their own coins. But, that's no different from a really power-inefficient database. Whatever could be done with centralized crypto can equally be done with a Postgres server for 1/100,000 the cost. Why do you think this will have mass adoption?

> I worked in Solana and was surprised to find out that a developer can update a program at will Because it's not a real blockchain. Most chains are centralized. You should really focus your time on Ethereum. It's the only chain researching and innovating and is focused on longevity.

Why would anybody buy an NFT for any other reason than banking on a greater fool? Art doesn't need blockchain to be sold, and an NFT adds zero value to it.

>There are some NFTs by amazing artists which no one cares about. The ones with the most popularity are modern-day clip art pieces, with copy-paste scripts and marketing strategies. I've only witnessed almost every amazing digital artist on my twitter feed quickly devolve into an obnoxious NFT shill and drastically reduce the quality of their practice to maximize their output. I'm glad they are finding ways to some meager financial gains but the ideological mystique around their practice was shattered in the process