As Web3 takes proliferate, it's worth noting there are two distinct “is Web3 bullshit?” questions: an open-ended technical question, and whether it will “win”
And is that even the right question? … Is web3 bullshit? The hazy vision of new decentralized internet …
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Discussion
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@elonmusk
Elon Musk
on x
@sama Web3 sounds like bs
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@timbray
@timbray
on x
Dear world: It is perfectly possible to imagine a radically-decentralized Web and simultaneously disbelieve that basing it on blockchain is necessary or even desirable. But de facto, the term “Web3” now means “buy my cryptocurrency” and is thus polluted, probably beyond repair.
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@rjcc
Richard Lawler
on x
@Techmeme @readmaxread pretty much everything described in that “problems web3 solves for me” post are things that, if they happened, would inarguably be bad things. the good news is most of them are complete bullshit, but still
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@_am1t
Amit Gawande
on x
Web3 is a lot of things for a lot of technical people. It for sure not a viable, usable iteration of the web for common folks yet. A few thoughts on why, what and how. https://ol.amitgawande.com/... https://twitter.com/...
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@sriramk
Sriram Krishnan
on x
One key reason builders love web3 - it enables degrees of freedom in all direction that just isn't possible otherwise. https://twitter.com/...
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@timbray
Tim Bray
on x
The relatively modest number of people who follow me might find it interesting to hear that this touched a nerve; 100s of RTs, 220K impressions and growing fast. So, DWeb-enthusiast/blockchain-skeptic is apparently not an entirely-fringe position. Pleasant surprise. https://twitt…
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@carnage4life
Dare Obasanjo
on x
Imagine learning about an entire industry trend predicated on the idea that the price of Beanie Babies always goes up. Now swap out Beanie Babies with cryptocurrencies and you have web3. https://twitter.com/...
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@chronotope
Aram Zucker-Scharff
on x
I'll add a note here: it's perfectly possible to build a future of the web better designed to allow people to safely and effectively make money without making the web entirely based around capitalism from top to bottom. https://twitter.com/...
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@cdixon
Chris Dixon
on x
Love Elon but this take is ngmi https://twitter.com/...
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@jmhodges
Jeff Hodges
on x
The internet, email, social media has all been promised to be technological solutions to centralization but we've again and again found that centralization is a social phenomenon and requires social solutions. “Network effects” is a euphemism for “enormous tendency to monopoly” h…
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@rharter
Ryan Harter
on x
What gets me is that we already had a decentralized web, look at email and forums, then all these kids with VC funds centralized it. Now those same people that ruined it say they want to make a new decentralized web... https://twitter.com/...
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@kungfusquirrel
@kungfusquirrel
on x
“fuck it, we're going to Web5” (it's the only way to be sure) https://twitter.com/...
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@mykola
@mykola
on x
This makes me sad, because there's a lot more possible in this space, but let's be real, a lot more has always been possible and we end up with whatever makes money for the people in the right place at the right time. https://twitter.com/...
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@bnox
Clo Willaerts
on x
Very good roundup of thoughts and threads from web3 enthusiasts, detractors, and the rare voice in between. https://maxread.substack.com/ ...
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@goldman
Jason Goldman
on x
Really good read from @readmaxread https://maxread.substack.com/ ... https://twitter.com/...
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@somebitslinks
Nelson Minar
on x
Is web3 bullshit?: Excellent orientation to the basics of the discussion. Also a nice ending: “Why am I in this awful, ugly, unfun casino in the first place?? Is there a way out of the casino??” https://maxread.substack.com/ ... web3 cryptocurrency crypto bullshit t
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@llimllib
Bill Mill
on x
I think this article is a useful framing of web3/blockchain/w/e: https://maxread.substack.com/ ... especially in outlining the position that I could be right that it's _technically_ bullshit but that the cultural forces behind it could let to it prevailing anyway
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@waxy
@waxy
on x
Max Read on web3: very good roundup of thoughts and threads from enthusiasts, detractors, and the rare voice in between https://maxread.substack.com/ ...
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@yayitsrob
Robinson Meyer
on x
“You find a lot of writers right now asking, essentially, why bet against Andreessen Horowitz? Which I understand! But my feeling is also: Why do I have to bet at all?! Why am I in this awful, ugly, unfun casino in the first place?” https://maxread.substack.com/ ...
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@mattzeitlin
Matthew Zeitlin
on x
@TheStalwart Max Read's blog, which links to this essay, has a nice bit on distinguishing between the “is this bullshit” question and the “will these tokens go up in value” question https://maxread.substack.com/ ... https://twitter.com/...
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@mattzeitlin
Matthew Zeitlin
on x
“Web3...securitizes everything. Under the web3 regime, every business, every institution, every community, every group, every project is bounded and structured by crypto tokens — ‘shares’ you can sell on decentralized crypto markets.” https://maxread.substack.com/ ...