Web3 Is Bullshit
If you’ve attempted to understand the flurry of interest in the concept of Web3 (or the metaverse or, more correctly, an amalgam of cryptocurrency speculation, failed VR projects, and greed) you’ve most likely come away confused. That is by design.?
Web3 is, at its core the idea that the web must be decentralized. This means no single organization - be it a government, Microsoft, or Elon Musk’s brain in a jar - must have control of the free transfer of information. In practice, this means that we all hold our own keys, and creators buy and sell their own digital products and run, in some cases, their own currencies.?
Why would we want this?
The easiest way to picture a Web3 interaction is to imagine a highway full of self-driving Teslas (or, more likely, Hondas once Tesla goes out of business in the next decade). These cars will communicate with each other via a wireless network and if you’re in a particular hurry you can send a token to the cars in front of you so they’ll get out of your way. You can also “buy” the road for a spell, paying off everyone in your way so you can get to your movie showing or catch your flight. This sort of mercenary financial transaction, one steeped in Randian selfishness, is the cryptohead’s decentralized dream.
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2 年I. Need. This. Stamp!!!