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I have always wondered if people not able to quote/define the thing they are talking about is a negative or a positive. As with web3, as with AI, as with monopo
by ankit219 4y ago
I have always wondered if people not able to quote/define the thing they are talking about is a negative or a positive. As with web3, as with AI, as with monopoly, as with censorship, as with Metaverse, and so many things in the last 10 years itself, and if I dig deeper, would find similar stuff in previous decades too.[1]. Most marketing terms are designed and chosen to get an emotional reaction out of people, not convey something exact or accurate. Judging it for accuracy is sort of missing the forest for the trees. Asking a layman what "<<any movement slogan>>" means and then saying it's bad because some people can't explain the terms of the movement is a widely used strategy. I am not defending web3, just that the angle of attack is somewhat misdirected itself. I would also argue that it(not being able to explain correctly) is a net positive, because the fact that it resonates signals a pain point .
In Web3's case, it does not signal they are excited about web3 or crypto or blockchain. It signals that they are frustrated by the current order, the incumbents, and they want change, and see web3 as a gateway to that radical change. It may or may not bring out an actual change, thats not important in this context. It's about whether they are sufficiently disillusioned by incumbents to believe in a new thing as a solution to things wrong with the world. Whether or not things would change is the next step, and admittedly a pitfall of many of these campaigns in the past. I am not optimistic about it working, though I think lack of clear solution does not indicate a lack of severity of the problem.
In a way, climate change is moving in the same direction. [2]
[1]: Omitting the whole redefining of gender and sexual orientation for obvious avoiding-culture-war reasons.
[2]: https://twitter.com/paulg/status/1585935772565258240 https://twitter.com/paulg/status/1585935772565258240