Friday 7 January 2022

web 3.0 is going great and is definitely not an enormous grift that’s pour lighter fluid on our already-smouldering planet

Via Web Curios (definitely lot’s more to check out there), we are introduced to a project by Molly White who curates articles and discussion threads that illustrate the dark side of tech utopian-thinking and how we can’t just code our way to equality and out of an environmental crisis that is exacerbated by Ponzi schemes and chasing that greater fool. There are some choice headlines about corporate malfeasance, lack of disclosure and how riots and disruptions to the internet in Kazakhstan (to quash the coordination of said protests) reveal the extent of bitcoin mining occurring there, subsidised and underwritten by the government’s policy of producing cheap fuel from the dirtiest sources.