4 ms·

What a terrible name web3 is. It has nothing to do with the web of information and it's not the 3rd version of anything , as it is its own thing. Whatever usef

by seydor 4y ago

What a terrible name web3 is. It has nothing to do with the web of information and it's not the 3rd version of anything , as it is its own thing. Whatever usefulness existed in cryptocurrency, the old vc money destroyed its appeal for me. I want a clean slate

andrewstuart 4y ago
In my mind web3 == sleaze
- azinman2 4y ago
  I think there are two main reasons for that: 1) web1 and even web2 was largely by/for nerds. These things eventually became mainstream but there was a non-ubiquitousness for the core concepts or at least audience. We now are asymptotically 100% mainstream. 2) web3 is principally based on “money”, or things that involve money in some way. That will always bring grifters, and the fact that some random non-tech non-SV-idealist-coming-from-the-60s-counter-culture-movement person can now seize an opportunity for a dodgy way to make money will brings lots of those people. Then you add in Miami which seems to be a home to a lot of these things, with a culture that reinforces material displays of wealth, and you have a huge force for not good with whatever web3 is supposed to be.
  - slowmovintarget 4y ago
    Even worse... There was a web 3 already, and it had nothing to do with blockchain. It was HTML 5 + CSS 3 and SPAs. It just became so ubiquitous that no one thought of it by the term. Now the cool kids are headed back to the server. The new name is because too few business types know what the "www" on web sites stands for.
version_five 4y ago
I think 2023 could be the beginning of a reset in the VC industry when "the tide goes out and you see who's swimming naked". This will include everyone who championed web3, and hopefully take the bro end of the industry down a few notches. There's all these "VC" people who are the industry equivalent of those mortgage brokers or the CDO investor in "The Big Short" and things are going to be a lot better once they're exposed and cleared out
- ilrwbwrkhv 4y ago
  I have absolutely no interest in seeing Marc Andreessen swimming naked. Thank you.

by seydor 4y ago

andrewstuart 4y ago

In my mind web3 == sleaze

azinman2 4y ago
I think there are two main reasons for that: 1) web1 and even web2 was largely by/for nerds. These things eventually became mainstream but there was a non-ubiquitousness for the core concepts or at least audience. We now are asymptotically 100% mainstream. 2) web3 is principally based on “money”, or things that involve money in some way. That will always bring grifters, and the fact that some random non-tech non-SV-idealist-coming-from-the-60s-counter-culture-movement person can now seize an opportunity for a dodgy way to make money will brings lots of those people. Then you add in Miami which seems to be a home to a lot of these things, with a culture that reinforces material displays of wealth, and you have a huge force for not good with whatever web3 is supposed to be.
- slowmovintarget 4y ago
  Even worse... There was a web 3 already, and it had nothing to do with blockchain. It was HTML 5 + CSS 3 and SPAs. It just became so ubiquitous that no one thought of it by the term. Now the cool kids are headed back to the server. The new name is because too few business types know what the "www" on web sites stands for.

version_five 4y ago

I think 2023 could be the beginning of a reset in the VC industry when "the tide goes out and you see who's swimming naked". This will include everyone who championed web3, and hopefully take the bro end of the industry down a few notches. There's all these "VC" people who are the industry equivalent of those mortgage brokers or the CDO investor in "The Big Short" and things are going to be a lot better once they're exposed and cleared out

ilrwbwrkhv 4y ago
I have absolutely no interest in seeing Marc Andreessen swimming naked. Thank you.