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That's basically also Tim O'reilly's take. > Keep in mind that it was still early when the dot-com bubble popped. Google Maps hadn’t been invented yet, nor had
by trenchgun 5y ago
That's basically also Tim O'reilly's take.
> Keep in mind that it was still early when the dot-com bubble popped. Google Maps hadn’t been invented yet, nor had the iPhone and Android. Online payments were in their infancy. No Twitter or Facebook. No AWS and cloud computing. Most of what we rely on today didn’t yet exist.
> I suspect it will be the same for crypto. So much is yet to be created. Let’s focus on the parts of the Web3 vision that aren’t about easy riches, on solving hard problems in trust, identity, and decentralized finance. And above all, let’s focus on the interface between crypto and the real world that people live in, where, as Matthew Yglesias put it when talking about housing inequality, “a society becomes wealthy over time by accumulating a stock of long-lasting capital goods.” If, as Sal Delle Palme argues, Web3 heralds the birth of a new economic system, let’s make it one that increases true wealth—not just paper wealth for those lucky enough to get in early but actual life-changing goods and services that make life better for everyone.”
https://www.oreilly.com/radar/why-its-too-early-to-get-excited-about-web3/ https://www.oreilly.com/radar/why-its-too-early-to-get-excit...
And I tend to agree.