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What I don't get is what those purported "barriers, rules, walled gardens, etc" are that Web3 enthusiasts keep claiming they are bringing down. I could set up
by Mordisquitos 4y ago
What I don't get is what those purported "barriers, rules, walled gardens, etc" are that Web3 enthusiasts keep claiming they are bringing down.
I could set up my own website on its own server back in 2004, when Google was still an up-and-coming disruptor, Amazon was just starting AWS, and Facebook was only a glint in Zuckerberg's eye. Now in 2022, when Google is called the "most powerful company in the world", maybe 30% of the internet is running on AWS, and Facebook is sometimes considered a threat to democracy, I can still set up my own website on its own server.
What barriers have been raised between then and now? And how do Web3 or cryptocurrencies "break them down"?
- lawrenceyan 4y agoYou can capture some of the profit flows now, which I think is key. Open source is open source and will always have a place. You should be able to set up a website on your own server whenever you want, but that's different than being able to directly take part in ownership of capital.
- Mordisquitos 4y agoI'm afraid I still don't understand. Which profit flows are you talking about? And ownership of which capital? If I set up a personal website or for a local non-profit organisation with no advertising, there is no profit to capture. And if I include advertising or take donations I don't need to capture "some" of the profits, I already capture them in their entirety. Regarding capital, are you referring to server infrastructure? I can see the appeal of some kind of "hosting cooperative" in which all users of the servers take part ownership of them. These may already exist. However, I fail to see how cryptocurrency would be necessary for this in any way.