Picking up Web3 after FTX
cloud2030
00:00
What Are the Challenges for Web Three?
I think that we were losing a lot of compute cycles and engineering head-space cycles in my name. We've been building up infrastructure that could be doing really interesting analytics or improving how we deploy distributed technologies to mine Bitcoin. I mean, it's a distraction. In the very real use case that you're describing, we have basically taken all of that resource and electricity and enthusiasm and turned it into mining activities just because it was currency. That's how I'm not as directly involved as either of you are on the smart contracts and some of these analytics.
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