This was written by a venture capitalist who makes a tonne of assumptions about the future: "The internet is still early in its evolution: the core internet se

This was written by a venture capitalist who makes a tonne of assumptions about the future: "The internet is still early in its evolution: the core internet services will likely be almost entirely rearchitected in the coming decades. This will be enabled by crypto-economic networks" There are definitely a lot of problems with the current climate of tech monopolies, but the issue they describe is not related to them being centrally managed (see why decentralisation section). I'm glad the author admits that web3 doesn't currently work due to fundamental issues with performance and scalability. Fix that, and then lets see what you have to offer. Right now, people are being duped out of their money on a daily basis. Any gains made through specalative crypto investments are someone elses loss.