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Web3 requires whole new mindset analogous to 100% electric cars. You can't find value in Tesla, if your mindset is still in 90' and there are no electric charg

by przeor 5y ago

Web3 requires whole new mindset analogous to 100% electric cars. You can't find value in Tesla, if your mindset is still in 90' and there are no electric charges available. Web3 value proposition is more obvious for people outside west world (eg. Nigeria) and people from countires like USA will have hard time to figure out value, but it doesnt mean Web3 is a scam.There are many ppl calling electric cars a scam. It will take decades to realize on a mass world wide market value of Web3 for a common West/US citizen.

timeon 5y ago
But still it is hard to evaluate from your comment. Maybe we need more than one analogy.
- przeor 5y ago
  In my opinion most general Problem that web3 is solving is related to coordination https://en.m.wikipedia.org/wiki/Coordination_failure_(economics) https://en.m.wikipedia.org/wiki/Coordination_failure_(econom... citing: "Coordination failure can lead to an underemployment equilibrium.[3] " ... other problem worth mentioning is lack of trust and transparency. There are many more specific side-problems as well depending on the specific use case etc. in web3 projects
onetokeoverthe 5y ago