> Because right now, given how long the community has had to work on the problem and we still haven't seen anything like what you're describing, I'm still incli

> Because right now, given how long the community has had to work on the problem and we still haven't seen anything like what you're describing, I'm still inclined to believe that Web3 is all a bunch of bullshit. That's because based on everything that's been demonstrated by 'web3' is essentially useless. And this post you're responding to is a well. They claim the benefit of web3 is you'll be able to have 'privacy' by controlling you identity and transaction history and choosing what to share by using blockchain. Prevent a large company from having all your info. By putting it in a blockchain? So now instead of one, every large company has your info! You aren't gaining privacy by putting your private info in a public distributed db! And just like almost everything I see posted about web3 a few mins of thought by any serious engineer shows this again is all hype that can't be backed up by the tech. And just like web3 in general, in this HN thread you see people caught up in the hype and missing the obvious core flaw with the very premise. This is the problem with web3, the main product it successfully produces is hype.