this post was submitted on 13 Jun 2023
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I don't know anything about Web3, what do people outside of the fediverse say what Web3 is or should be?
Web3 was suppose to be this decades revolution of the internet, where everything became interconnected and decentralized and without authority figures or something
Then cryptocurrency enthusiasts decided blockchain counts as that and starting calling everything related to cryptocurrency and Blockchain web3. So now web3 just means cryptocurrency, but they still act like it is the future of the entire internet. I think it is pretty dumb, who wants finances intrinsically tied to everything they do online?
I don't care if something like Bitcoin is used within the decentralised web. If I want a subscription and no middlemen, it's easier than posting cash. I don't really want it as the basis of the platform, though. Those usually end up being solutions chasing problems preventing real adoption. Most people will always use credit cards.
Almost anything else, apart from a few cryptocurrencies sharing its likeness, are absolute shams. If minting or the network is centralised, you may as well have a handwritten IOU from the conmen. Cryptobros missed the point and started hyping up the equivalent of Visa with a centralised blockchain (i.e. an inefficient database) but no regulations.
It’s not easier than “posting cash.” Crypto is like using tokens at an arcade. I still use money but I have to convert that money into something stupid first. And then worry about my highly volatile leftovers.
Can we get a c/buttcoin please.
Yeah, please let's keep the cryptoshit on reddit. We need c/buttcoin, where are you, u/AmericanScream?
To wit: https://web3isgoinggreat.com
Thanks for reminding me to go watch Kira
Buy my token and you will be part of web3. That will make you rich
...and still won't pay a coffee! :D
The beauty of Ponzi's is, that as long as you find a bigger fool, it might even work for you
I think web3.0 was supposed to live on Blockchains.
So, fully decentralised.
I think the partially decentralised format of the fediverse is a more sustainable model
It was always hazy, but the general idea was decentralizing things. Problem is, cryptobros gonna crypto.