Marek

Paralelni Polis is dead horrible news for bitcoin adoption in Europe This was the first cafe to accept bitcoin payments in 2014 Had a coworking space where you could meet hackers & anarchists Hosted hundreds of conferences & community meetups Nurtured open source startups Displayed the works of underground artists Sold overpriced drinks and food that everyone gladly bought to support the movement Even mobilized the community during the pandemic to have a huge remote conference with dozens of volunteering hosts and guests If you were a bitcoiner who came to visit Prague, Paralelni Polis would let you sleep in their dorm for free. If no dorm was available, they had couches too Now it’s dead. Much like bitcoin adoption in Europe. In the beginning, they would force all cafe customers to buy bitcoin to pay for the drinks. There was a Bitcoin ATM at the entrance, but the employees would usually offer to trade bitcoin for cash in person to avoid the 10% fee. In recent years, Paralelni Polis rebranded as Second Culture. Started accepting credit cards for payment, cut down on the number of events, faced an identity crisis that ultimately led to its demise. Even some OGs who basically built the place didn’t want to visit anymore. Call it local drama and politics, but it was bad for everybody involved. The worst of outcomes happened and bitcoin culture is now crippled. I feel sorry for the newcomers who will never experience the joy of walking into this place to experience a true bitcoin economy. Heavily ideological, but somehow functional. Now Paralelni Polis and its incumbent Institute of Cryptoanarchy are dead. What remains inside is an unplugged ATM and the Monero logo on the door – a hint that the dream of peer to peer electronic cash has moved elsewhere. Now we never spend, shake hands with bankers and deny the existence of a second best while technically losing by every significant metric. Good night, sweet prince!

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Fixing the Web’s Greatest Problem Our newest video explains the problematic business model (Surveillance Capitalism) dominating much of the digital world and explores whether two developing technologies (Web3 and Web 3.0) will fix this business model, or make things worse. To make this complicated landscape as understandable as possible, we distilled ideas from a broad set of thinkers and builders including: -@shoshanazuboff (Author of The Age of Surveillance Capitalism) -@timberners_lee (Inventor of the World Wide Web, Web 3.0 pioneer, Co-Founder & CTO @inrupt) -@tristanharris (Co-Founder @HumaneTech_) -@Snowden (Director @FreedomofPress and NSA whistleblower) -@cburniske (Partner @placeholdervc) -@owocki (Founder @gitcoin) -@profjasonpotts (Professor of Economics @BlockchainRMIT) -@zooko (Co-Founder @zcash) -@AmberBaldet (Co-Founder @GrowClovyr, Director @zcashfoundation) While a 20 min. video cannot cover everything in this topic comprehensively, we hope it provides a clear overview of several important issues shaping the future of our digital world. Hope you enjoy! This video was made possible with funding from @ZcashCommGrants and @Cryptopathic. Timestamps 00:00 Intro 01:07 Web 1.0 01:44 Web 2.0 02:41 Commercialization and Centralization of the Web 03:26 The Web’s Most Precious Resource 04:39 What is Surveillance Capitalism? 05:19 Surveillance Capitalism Business Model Explained 06:40 The Problem with Surveillance Capitalism 08:28 Can We Invent New Business Models For the Web? 09:12 Web3 and Web 3.0 12:42 What is Web3? 14:41 Web3 and Blockchain 15:26 Blockchain’s Major Flaw 17:30 What Every Solution to Surveillance Capitalism Needs to Consider 17:50 How Web3 Can Fix It’s Major Flaw 18:09 Why Zcash Represents a Solution to The Web’s Biggest Problem

Yeah, economies of scale are an absolute bastard. One benefit of proof of work is that because miners have to pay for ASICs and power, they’re usually forced to sell their coins.

Seconded! And if you’re working on anything that requires testing out wallet functionality, make sure to check out github.com/zcash/zcash-devto…. It’s built to be easy to modify and easy to test with.