Elon Musk, Jack Dorsey, and plenty of artists are all calling Web3 a bunch of BS. They’re not wrong. A lot of what they perceive as ‘web3’ is a bunch of BS. At least right now. What they fail to realize is that web3 is not a finished product, nor will it ever be. If you think web3 is a fully decentralized immersive online utopia and it’s coming soon, you are mistaken.
Web3 is a philosophy, not a product. Focusing too much attention on potential end results will get a lot of people absolutely rekt. Web3 is a work in progress. It’s a messy & chaotic environment, but it is real.
Web3 is the opportunity to rebuild our digital world and allow all to benefit, not just those at the top. DAO’s, DeFi, Bitcoin, Ethereum, & NFTs are all part of the equation, and are already impacting society in profound ways. If you don’t see this, or don’t believe it, that’s fine. Continue to enjoy those hefty bank fees, zero-yield savings, ‘value’ stocks, and by all means keep allowing old finance/tech giants to rule your life. We’re busy working on something better over here in web3 land. The old system is broken and we’re building a new one.
“I’m gonna show them a world without you, a world without rules and controls, without borders and boundaries… a world where anything is possible. Where you go from here is a choice I leave to you.”