I've been a massive fan of Moxie's work for maybe 15 years or so now, and have had the pleasure of chatting with him in person a few times, and most of what he

I've been a massive fan of Moxie's work for maybe 15 years or so now, and have had the pleasure of chatting with him in person a few times, and most of what he says is solid gold. I even agree with most of the points he's making in his Web3 post, but .. .. that line "People don’t want to run their own servers, and never will" kills me. That's exactly the problem with P2P that Web3 is trying to solve. By strapping a financial layer onto a P2P network, you can build cryptographic incentives for people to run nodes and participate constructively in running and maintaining the network. It's certainly not the intention for everyone to run their own node, but anyone CAN, and even if you don't, you can be confident that the people who are running the network are acting in your best interests. This, of course, does assume that the incentives are well thought out and properly aligned, which is very commonly not the case, but these networks are an amazing sandbox for people to try to build incentive systems that work, and there are many systems that are working quite well, many of which can run without any central authority over the protocol at all.