> trust-less commitments seem to be at the heart of what web3 really is and that feels much harder to dismiss than owning JPEGs or speculating on currencies Th

> trust-less commitments seem to be at the heart of what web3 really is and that feels much harder to dismiss than owning JPEGs or speculating on currencies This is indeed the core feature of this whole genre but arguably makes it easier to dismiss in its entirety as concept and philosophy. Technology should enable building trust. Simply enabling a trust-less society to limb along in a transactional way reveals the libertarian bitcoin roots of web3 that actually believes "there is no such a thing as society". Designing institutions that are authoritative while democratically accountable is a continuous struggle against power grabbing insiders but it is not impossible.