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I haven't bought into crypto/web3, so take this with a pinch of salt. I currently think of the role of crypto in "web3" as a bit like dark matter in the univer
by andrewingram 5y ago
I haven't bought into crypto/web3, so take this with a pinch of salt.
I currently think of the role of crypto in "web3" as a bit like dark matter in the universe, something that causes the web (universe) as a whole to resist centralisation -- by means of financial incentives. It doesn't have to be everywhere, but it has to be in enough places to resist the pull towards building megaservices like Facebook.
I'm very skeptical as to whether it's actually going to play out that way though.
- jdrc 5y agoi think cryptochains and web3 should not be confused. one of them will survive