That's not to say there can't be substantive discussion about Web3 but it would need to be seeded with interesting new information, not a throwaway one-liner.
If Web3 ever becomes a thing I look forward to seeing the chaos that ensues when the inevitable happens, and a major domain name gets stolen with absolutely zero dispute resolution and where the attackers can also hijack all incoming traffic to steal credentials or install malware. Then it will be mathematically impossible to recover without paying whatever ransom the attackers like for the return (if the attackers even decide they want to sell!).
DNS Poisoning was bad enough, this would be a total wipeout.
DNS is quite distributed already but it’s far from “democratic”. Instead of domain squatting and hoarding through through multiple private companies, we could domain squat through… multiple _other_ private companies. That’s Real Democracy™.
We could even speculate with domain names and tlds and maybe steal them from each other in completely new and exciting ways.
Maybe we could make it so only the early adopters can afford these tlds or domain names for a reasonable price and then everyone else could prop up its price until a rug pull happens.
What if we we make this system consume an insane amount of energy? Our current solution is probably inefficient in certain ways, but we can always go further!
There’s lots of possibilities! #web3FixesThis