> For some reason I had imagined the umbrella of web 3 tech and protocols were somehow additive to what we have now.

Because that's how it is sold. The tech is additive (though at this point hardly novel) but the value proposition boils down to "what if everything was a financial transaction".

> In looking at the Web3 Foundation's page I can see they have an entire stack defined but nowhere was I able to find where their "vision" for the web was laid out.

Yeah because the vision isn't particularly appealing to most people. The momentum web3 has is part astroturfed (i.e. wealthy investors leveraging their "fiat" fortunes to pump crypto currencies so they can cash out and VCs pushing their web3 startups for an exit) and part people buying into the hype without fully understanding the bigger picture and its ramifications.

> Isn't this what "oracles" are supposed to do though?

Sure, except they're vulnerable to manipulation (just search for "oracle" on https://web3isgoinggreat.com/ to see a number of noteworthy attacks).

The only way to fix the problems of blockchain technologies is to move everything on the chain. The reason crypto enthusiasts don't worry about the privacy implications is that it will still be possible to "buy privacy" and they believe they're going to make it big so it won't be a problem.

Thanks for the reply. The idea of an all transactional web would be horrifying.

I was curious about this: >"he reason crypto enthusiasts don't worry about the privacy implications is that it will still be possible to "buy privacy" and they believe they're going to make it big so it won't be a problem."

What would their solution be then? How would one buy privacy?

Using the digital equivalent of money laundering to hide their transactions and make deals off-chain by talking to people (or having their people talk to them). If you are wealthy enough you can afford whatever levels of indirection are necessary to retain your privacy.