Jack Dorsey Dismisses Web3 as a Venture Capitalists’ Plaything

Posted by aspenmayer on Tuesday December 21, 2021 @04:45AM
from the bloomberg.com dept.

https://www.bloomberg.com/news/articles/2021-12-21/jack-dorsey-stirs-uproar-by-dismissing-web3-as-a-vc-plaything

( 2 comments | 13 points | on HN )

Re:Jack Dorsey Dismisses Web3 as a Venture Capitalists’ Play... by cblconfederate on Tuesday December 21, 2021 @10:51AM (#29638522)

Well this will be interesting to follow. Certainly feels there are a lot of "vc playthings" going around which have more to do with the ego of the VCs rather than technology

BTW what are those Vc-funded crypto startups?

[ Parent | on HN ]

Re:Jack Dorsey Dismisses Web3 as a Venture Capitalists’ Play... by jimjams on Tuesday December 21, 2021 @05:07AM (#29635819)

Exactly. The one medium-term wildcard is AH is throwing money at it and unlike the technology, that has real-world effects:

https://www.nytimes.com/2021/12/20/technology/silicon-valley...

[ Parent | on HN ]