I don’t understand the cynics beyond surface-level. Still trying to. Web3 is a backend change to the current internet so you hold your assets in your wallet an

I don’t understand the cynics beyond surface-level. Still trying to. Web3 is a backend change to the current internet so you hold your assets in your wallet and sign to allow/revoke their use on a service. Combined with the transparency into underlying chains you can do some really interesting stuff (e.g., opensea). Ultimately the new paradigm could fix the first sin of web2 which is some mix of getting off the ad model & eliminating the credentials everywhere issue. What am I missing? Genuinely interested in a valuable counter.