Especially given that "Web 3.0" was already a term and (for better or worse) was mostly seen as synonymous with "Semantic Web". TBH, I never liked "Web 3.0" as a meaningless marketing buzzword then, but this is even worse because now we've overloaded a term which had a meaning with a confusingly similar term ("Web 3.0" vs "web3") which means something pretty much totally unrelated.

And yes, I know that terms in English get overloaded and that's part of life. Fine... but at least do it when there's a good reason for it. There's no particular reason to call this crypto/blockchain/ethereum/smart-contract/defi stuff "Web3". It could just as easily be "Web 4.0" or "Web 5.0" or "Fzbnnng^ztttzz@)@lyzmkizt" or whatever.