I'm not going to attempt to answer this question in the context of "Web3". Personally, I think that anything with that moniker is doomed to be associated with c

I'm not going to attempt to answer this question in the context of "Web3". Personally, I think that anything with that moniker is doomed to be associated with charlatans now. But, for a fleeting moment, it seemed like Hayek was going to be right: “I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984