Web 3 is an idealist utopian version of the web where the web is owned by the proletariat and not the evil rent seeking monopolies. I have compiled my thoughts

Web 3 is an idealist utopian version of the web where the web is owned by the proletariat and not the evil rent seeking monopolies. I have compiled my thoughts on my blog https://yash.info/blog/what-is-web3/ https://yash.info/blog/what-is-web3/ The main ideas of web 3.0 are - decentralization, privacy, trustless networks and community ownership. These ideas look good in theory but don't work in real world.