Re:Welcome to Web 3.0
by andrewingram on Tuesday March 15, 2022 @06:10AM
(#30683520)
I haven't bought into crypto/web3, so take this with a pinch of salt.
I currently think of the role of crypto in "web3" as a bit like dark matter in the universe, something that causes the web (universe) as a whole to resist centralisation -- by means of financial incentives. It doesn't have to be everywhere, but it has to be in enough places to resist the pull towards building megaservices like Facebook.
I'm very skeptical as to whether it's actually going to play out that way though.
I currently think of the role of crypto in "web3" as a bit like dark matter in the universe, something that causes the web (universe) as a whole to resist centralisation -- by means of financial incentives. It doesn't have to be everywhere, but it has to be in enough places to resist the pull towards building megaservices like Facebook.
I'm very skeptical as to whether it's actually going to play out that way though.