Web3 makes great sense when energy is abundant [1] and we're more concerned with the "ownership problem" and who should become wealthy and who not and its socio

Web3 makes great sense when energy is abundant [1] and we're more concerned with the "ownership problem" and who should become wealthy and who not and its socio-economic (and political) justifcation, which was largely what we had occupied ourselves in the past 100 years, but in a different lingo: eg communism/socialism vs capitalism. [1]: when we reach Type 1 as a civilization with eg large-scale application of fusion power. (According to mass–energy equivalence, Type I implies the conversion of about 2 kg of matter to energy per second https://en.wikipedia.org/wiki/Kardashev_scale#Type_I_civilization_methods https://en.wikipedia.org/wiki/Kardashev_scale#Type_I_civiliz... ) It'll never be a perfect system. But overall we shouldn't under-estimate the impacts of the wealth transfer [2] created by BTC, ETH, etc, to the hands of young and tech-believed optimists. And what this means from an evolutionary consumer-market perspective and how cultures are being shaped very differently (in US, EU, China, etc). (I’m in Hangzhou now and it's quite surreal to hear random people chatting about NFT in a cafe here despite CCP's ban of cryptos.) [2] There were ponzi schemes for sure. But there are (a larger number of) honest people that became wealthy simply because they bought some BTC at $10 and are holding to this day too.