Marc Andreessen blocked Jack Dorsey on Twitter following his tweets that were critical of a16z and Web3; Dorsey then tweeted “I'm officially banned from web3”
The venture capitalist blocked the former Twitter CEO, and Dorsey said he's now ‘banned from Web3’
The Verge Richard Lawler
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Discussion
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@jack
Jack⚡️
on x
I'm officially banned from web3 https://twitter.com/...
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@jack
Jack⚡️
on x
@elonmusk It's somewhere between a and z
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@jack
Jack⚡️
on x
this mission statement has always felt so...dark https://twitter.com/...
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@jack
Jack⚡️
on x
@rahilla ... I'm not anti ETH. I'm anti-centralized, VC-owned, single point of failure, and corporate controlled lies. If your goal is anti establishment, I promise you it isn't ethereum. Don't believe or trust me! Just look at the fundamentals.
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@loganbartlett
Logan Bartlett
on x
VCs “interested” in web3 https://twitter.com/...
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@qwqiao
@qwqiao
on x
Big tech like Twitter have done more harm to the society than all VCs in the world combined in terms of invading privacy, eroding free speech, and centralizing power. The only reason why I'm still on this site is because there's no decentralized alternative and I'm ashamed of it.
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@jack
Jack⚡️
on x
“we invest in software eating the world” *web
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@micsolana
Mike Solana
on x
the bitcoin / web3 feud is stressing me out can everyone please just calm down, damn it's christmas
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@loganbartlett
Logan Bartlett
on x
If @jack's not careful he's never going to be able to work at a16z
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@jack
Jack⚡️
on x
@loganbartlett https://twitter.com/...
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@tyler
Tyler Winklevoss
on x
I will not be unfollowing @jack regardless of any difference of opinion we may have. He is an incredible entrepreneur and even more incredible human being. The world needs more Jacks. 🤗 https://twitter.com/...
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@carnage4life
Dare Obasanjo
on x
This is the most I've been entertained by tech twitter in years. 😂 😆 🤣 https://twitter.com/...
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@nic__carter
@nic__carter
on x
Decentralised file storage and decentralised DNS do exist now so we have made progress. But these aren't easy to use. There's a long way to go in terms of building tools for users to interact online without relying on Silicon Valley monoculture busybody intermediaries
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@nic__carter
@nic__carter
on x
An internet where users run their own servers, have genuine digital property rights, have seamless internet native payments, and don't have to register with a 3rd party just to use a chat app is a much better internet than the one we have today.
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@nnnnicholas
Nnnnicholas.Eth⛱👘
on x
if u think everyone in web3 has a16z money (or vc in general) its because you are stuck in a sv filter bubble. web3 has been able to fund projects without vc deals for many months if not years.
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@ericnode
Eric Anziani
on x
Web2 owners trying to block Web3 advancement, claiming it is owned by VCs is really ironic and misguided. We should focus our collective energy on building the infrastructure that allows the value to be better shared between creators, builders and users 🤝
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@billym2k
Shibetoshi Nakamoto
on x
hey VCs i made a web3 thing 8 years ago can you give me money thanks
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@anildash
Anil Dash
on x
Tech (and finance) media should really ask themselves why it matters more to them that Jack Dorsey echoes a criticism that countless others have said before, for years, at much greater personal risk. Reality isn't contingent on what tech tycoons validate.
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@loopifyyy
@loopifyyy
on x
.@jack has been interacting with a lot of people recently so I'd like to say it's not just him coping. He has a point... to some degree. But, in the midst of the centralised protocols in the space, there are also decentralised protocols that are possibly only due to Ethereum.
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@loopifyyy
@loopifyyy
on x
The whole point of something being decentralised is that you can't stop these VCs coming in. If you could, it wouldn't be decentralised. It's hard to see if you look at Bitcoin but it's 2 different things. The deeper you look into Web3, you'll realise. https://twitter.com/...
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@iamdcinvestor
Dcinvestor.Eth
on x
he's painted himself so far into a corner that there's no getting out of it. no point in trying to change his mind with posture like this good luck to you, jack the *decentralized* web3 will be built without you. and in 5 years, your journey will leave you rambling & nowhere http…
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@jeffseibert
Jeff Seibert
on x
While I hold some of both, it's insanely obvious that the future of crypto is neither ETH nor BTC. Both are fundamentally flawed and have failed to evolve. Both are more centralized than you imagine. So, what's next? What isn't? https://twitter.com/...
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@pt
Parker
on x
If I were in an community that has raised tens of billions of dollars and believed the would desperately the would needed a better microblog app but couldn't build one in a decade with tens of billions of dollars, I would also be ashamed. https://twitter.com/...
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@jack
Jack⚡️
on x
From a16z website: “We aim to connect entrepreneurs, investors, executives, engineers, academics, industry experts, and others in the technology ecosystem through open and decentralized blocking of Twitter accounts.” https://twitter.com/...
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@mdudas
Mike Daodas
on x
unequivocally yes the @a16z policy contributions alone have helped move web3 and crypto forward significantly https://twitter.com/...
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@mdudas
Mike Daodas
on x
pretty clear that @square and @cashapp have chosen to be a #bitcoin shop for good that's probably fine given the plethora of alternatives great opportunity for everyone else building the interfaces and bridges to web3 https://twitter.com/...
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@notgrubles
Grublés
on x
People truly interested in a different more decentralized web, all without stupid premined tokens that line rich VC's pockets. https://www.vice.com/...
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@djrhetorik
Rhêtorík.Eth
on x
in Web3, is a project's success brand adoption, or is it unique users/holders? is it VCs with seemingly unlimited capital throwing cash at every idea until something sticks, or is it thousands of everyday people throwing half their paychecks into projects they believe in?
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@ldrogen
Leigh Drogen
on x
I'm the furthest thing from a VC fanboy, but jesus christ bet against A16Z and Union Square at your peril, that's a losing trade in the aggregate all day every day There's no room for this socialist we hate VCs nonsense I thought crypto people were uber libertarian capitalist?
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@thestalwart
Joe Weisenthal
on x
What I find interesting about this crypto infighting is this latent, capital-skeptic sentiment that's emerging on all sides. Lots of people intuitively distrusting finance, investors and forth. https://twitter.com/...
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@caseynewton
Casey Newton
on x
@arctictony alt: minting pmarca blocks as NFTs that are required for entry into an exclusive Discord community of crypto heretics
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@cdixon
Cdixon Eth
on x
the problem is the model (*not* the people). The incentives in web2 are to run the attract-extract playbook. (from https://t.co/...) https://twitter.com/...
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@jason
@jason
on x
Jack after dark starting early!!! Go @jack go! https://twitter.com/...
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@nbashaw
Nathan Baschez
on x
Like, I have no idea what I said or did! I was the first employee at one of his portfolio companies, this fall I wrote an essay that was published in his firm's publication, and I am polite and civil probably to a fault And yet... https://twitter.com/...
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@djrhetorik
Rhêtorík.Eth
on x
I think the intention of @jack is to snap people out of their ‘community’ echo chamber and help them see what's actually happening people are measuring the success of Web3 within Web2 parameters - corporate adoption, VC funding, etc. - when that is NOT the ethos of the space
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@jimmysong
Jimmy Song
on x
I expect Web3 will be rebranded soon. @jack has destroyed that narrative. In 6 months everyone at a16z will act like it doesn't exist. The lesson as always, VCs have something to sell you, they don't do anything from the goodness of their hearts.
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@jgopikrishnan70
J Gopikrishnan
on x
Cool Jack ...when you were Twitter Head - you banned outgoing US President Trump from Twitter ..then why cry when you are banned by some nuts? 😎 https://twitter.com/...
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@karaswisher
Kara Swisher
on x
Who said techies have no sense of humor? And I am here for it. https://twitter.com/...
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@arctictony
Tony Haile
on x
Bad feature idea: add the date someone blocked you so that we can brag about who pmarca blocked first https://twitter.com/... https://twitter.com/...
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@antoniogm
Antonio García Martínez
on x
Trying to make sense of this BTC/Web3/Jack civil war all day via various conversations, and now convinced that in some distant crypto-transhumanist future, this will be like the Sunni/Shia split in Islam, we just happen to be living through it.
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@rjcc
Richard Lawler
on x
At least we can still go on Clubhouse and hear a16z founders get interviewed by a16z general partners and take occasional questions from future a16z employees https://twitter.com/...
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@shortformernie
Ernie Smith
on x
There are people who haven't joined Twitter yet who have been blocked by Marc Andreessen already https://twitter.com/...
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@mr_james_c
@mr_james_c
on x
Lots of people watching the @Jack vs @a16z handbags seem to have conveniently forgotten relevant backstory. Such as @Twitter directly copied @Clubhouse. Or that ever since the founding of Twitter, Jack has disliked VCs. This is way bigger than BTC vs Web3.
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@tomgara
Tom Gara
on x
Marc Andreessen giving up on actual tweeting but getting really into blocking is an all-time great Twitter bit. Telling an entire story entirely by who you block, and that story reaching large numbers of people: the man is absolutely sui generis.
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@epro
Emil Protalinski
on x
Marc Andreessen blocked me too. Blocking @jack for the attention/discussion/headlines is one thing, but I can't imagine him manually taking the time to target me. I think he's filtering with a script or using an automated blocking tool. https://twitter.com/...
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@cdixon
Cdixon Eth
on x
28 years into the modern commercial web. Tens of thousands of projects and startups funded in web1/web2 model. Time to try something new. https://twitter.com/...
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@levie
Aaron Levie
on x
@cdixon ❤️ all philosophy debates. The web is not broken. You primarily point to flaws of Twitter, Facebook & Google. That is not the web. Those are some successful sites. We also have Airbnb, Spotify, Netflix, Shopify, Zillow, Slack, Airtable, Figma, and millions more. It's work…
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@farokh
Farokh.ethᵍᵐ
on x
Yo @Jack I promise if you look outside of your bubble of rich dudes you'll see that there are creators actually building web3 and a whole revolution in the form of digital renaissance. Come say hi or listen in on our conversations, the NFT space is filled with geniuses.
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@slightlylate
Alex Russell
on x
Anyone remember when a16z was an interesting alternative to the other sandhill goon squads? Been a minute. https://www.theverge.com/...
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@johnbattelle
John Battelle
on x
Damn Jack really has an @a16z bug up his ass lately. I mean, yes, “Eating the world” is super Dr. Evil level shit, but ... why now? https://twitter.com/...
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@mdudas
Mike Daodas
on x
ethereum, the core infrastructure of web3, was passed on by nearly every vc in the world and raised funds from the public period, end of story
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@thestalwart
Joe Weisenthal
on x
The timing coincidental, but @jack's anti Web3, anti A16z rampage comes just after @cdixon told me he expected to be off Twitter in 2 years. But I do think at this point, @Jack's allegiance is more to Bitcoin than it is to twitter. https://twitter.com/...
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@levie
Aaron Levie
on x
@jack Web3 solves this
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@loganbartlett
Logan Bartlett
on x
My future son: dad, where were you the day Marc blocked Jack?
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@buttcoin
@buttcoin
on x
honestly hard to decide whether netscape 4 or twitter did more harm to the internet in general but at least everyone involved in both are still giant babies. https://twitter.com/...
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@jack
Jack⚡️
on x
@samkazemian ... You're missing all the points. I'm telling you I've learned from the issues taking on VCs creates. Block *had* help from VCs yes. But ones that know their place.
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@jack
Jack⚡️
on x
You don't own “web3.” The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity with a different label. Know what you're getting into...
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@jack
Jack⚡️
on x
The VCs are the problem *not the people
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@micsolana
Mike Solana
on x
ffs hundreds of millions of small businesses using fb tools. over half of amazon products come from small / medium-sized businesses. ride-sharing. home-sharing. an entire new media ecosystem. the list is endless. we don't need to nuke reality for the new thing to also be cool. ht…
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@cobie
@cobie
on x
I think ICO era was much fairer than current web3, which mirrors web2 incentive structures. Current founders' need for balancing reg risk w execution velocity means they raise privately from VCs & retail is late, similarly to web2. ICO era gave fairer terms to all but more risk.
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@cobie
@cobie
on x
I know hundreds of normal people financially free thanks to web3. Not VCs. Not founders. Just people that farmed airdrops and bought some tokens. Don't know anyone that is financially free thanks to web2 except founding teams and financiers.
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@tyler
Tyler Winklevoss
on x
Oh the irony of the web3 debate raging on a web2 platform. Reminder: you don't own or control the tweets that you are tweeting. I support any technology that has a chance at changing this.
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@alephile
Tomiwa
on x
Almost no Nigerian enjoyed the VC tech boom (Google, Facebook IPOs). Random middle class Nigerians got thousands of dollars in ENS tokens because they valued ENS names and were early adopters. Web 3's economic incentives are different! https://twitter.com/...
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@carnage4life
Dare Obasanjo
on x
I can't wait to see examples of web3 apps supporting millions of new jobs and businesses instead of trotting out examples of people getting in early on a token then getting rich when others FOMO in. Until then, we're celebrating zero sum transfers of income not new value created …
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@asvanevik
Alex Svanevik
on x
Blessed to be on this community-owned website. https://twitter.com/...
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@levie
Aaron Levie
on x
How about the future of the web is just: * more interoperability * more open standards & new protocols * richer, more immersive apps * multiplayer everything * more APIs to leverage * more open source contribution * more monetization options * more voice, video, and media
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@carnage4life
Dare Obasanjo
on x
The misguided rhetoric of web3 is that the purpose of projects and companies is to enrich insiders. So web3 is better than Web 2.0 because the circle of insiders is expanded to include early adopters. This is a bleak and zero sum view of the world encouraged by VC culture.
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@alex_danco
Alex Danco
on x
Web3 kings of A16Z Bring us gifts of rare NFTs Holding tokens, quite outspoken Yet I can't see their tweets
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@carnage4life
Dare Obasanjo
on x
The repeated mantra of web3 is that it's egalitarian because earlier adopters get get shares (tokens) but in traditional startups only insiders do. The incentive of a Facebook or Google is to build useful products that lots of people use. For web3, it's getting tokens pre-FOMO. h…
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@zachweinberg
@zachweinberg
on x
@cdixon Technically with most crypto startups, it's: first you sell tokens then speculators mark them up 👈 we are here then you buy a giant mansion in the Bahamas then people like me fight you then you search for use cases beyond speculation then some tiny subset of the ideas win
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@carnage4life
Dare Obasanjo
on x
Selling shares is a means to an end, funding & motivating employees building world changing software. Web3 people are enamored with tokens as a faster way to mint shares and get to financial liquidity, independent of the software's impact. That's why VCs love it. Skip to the end
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@malwaretechblog
Marcus Hutchins
on x
Honestly loving the new Jack. The cryptocurrency community went from “giving control back to the people” to just worshipping a bunch of douchebro VCs whilst they get fleece everyone under the guise of “web3”. https://twitter.com/...
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@mattysino
Matthew Graham
on x
so who wants to tell Jack the percentage of bitcoin supply owned by whales https://twitter.com/...
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@jack
Jack⚡️
on x
@samkazemian ... I care only about decentralized, secure, private foundations without single points of failure. And I'm focused on that.
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@petermccormack
@petermccormack
on x
Slow down @jack, you'll be banned from Twitter next https://twitter.com/...
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@maxkeiser
@maxkeiser
on x
Join the club! https://twitter.com/... https://twitter.com/...
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@karaswisher
Kara Swisher
on x
Welcome to the other BLOCK chain @jack — some of us have been living here a while already. (That said, we all use this feature you made, so there's that.) https://twitter.com/... https://twitter.com/...
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@samecwilliams
Sam Williams
on x
The problem is not VCs or ‘the people’. It is the universal, inevitable corruption of vision that emerges in web2 companies. Companies exist simply and distinctly to make money for their shareholders. The solution is simple. Protocols: immutable, incorruptible services. https://t…
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@tuurdemeester
Tuur Demeester
on x
Venture Capital is crucial to any healthy society and one of the bedrocks of capitalism. However, modern, hype driven, growth obsessed, exit focused attention deficit Venture Capital is an economic sarcoma caused by chronic inflationism. https://twitter.com/...
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@prestonjbyrne
Preston Byrne
on x
First they ignore you Then they laugh at you Then you quote Gandhi Then you get rekt by Jack Dorsey
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@tyler
Tyler Winklevoss
on x
Brought to you by web3 https://twitter.com/...
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@nischalshetty
Nischal
on x
I started my first startup by building on top of Twitter, FB and Insta APIs (they invited us to build on their APIs) When these platforms grew & wanted to monetise, each of these platforms REVOKED API access No VC or founder can do that to another developer on Web3 ✌️ #WEB3 https…
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@benedictevans
Benedict Evans
on x
Twitter arguments about what web3 & crypto might be, the ways the internet evolved in the past, and how to think about how new technologies evolve, are all very interesting... but sometimes feel like displacement from the scarcity of any actual fucking products to argue about.
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@levie
Aaron Levie
on x
Oh the irony of listening to someone who's actually built a platform. https://twitter.com/...
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@cobie
@cobie
on x
But still not possible to ignore that regular people could become millionaires this year by doing nothing except using new products and receiving airdrops. No investment required, just using new things. Users were rewarded with ownership for being users.
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@cobie
@cobie
on x
Web3 gives us the tools to build a new way. The state attempts to keep the balance of power the same as it has always been. The SEC is a lobbying firm for VCs; fighting for privatising profits and maintaining the house edge against retail participants.
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@cobie
@cobie
on x
Web2 shovels advertisements down the throats of regular people in exchange for storing their photos & private messages. They take $100 per active user from ppl selling whatever and you get fuck all. They sell private fundraising to VCs for a decade before you can own any.
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@matthuang
Matt Huang
on x
Raise your hand if you like both Web2 and Web3
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@timgriffin77
Tim Griffin
on x
I dont have a huge following, but if I can impart some advice to first time founders ... don't let VC hype sway you from building what you believe in. Web3 may be hot right now, but there are so many industries where even basic software can have an outsized impact.
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@0xdoug
Doug Colkitt
on x
1/ Been thinking a lot about the relationship between web2 and web3. Feels a lot like the first vs. second industrial revolutions. The second industrial revolution wasn't successful because it rejected the first. It was a force multiplier on stacked *on top* of the first https://…
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@samkazemian
Sam Kazemian
on x
Irony of @jack's web3=VC comment is projects feel coerced to sell to VCs out of SEC fear of releasing tokens publicly before decentralization. Then maxi messiah Saylor shouts for more regulation on all non-BTC tokens everyday while Jack piles the web3=VC hate from the back. Sad!
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@joemccann
J◎e McCann
on x
If you own any tokens in any network you are a VC. Congratulations on your promotion.
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@sam_l_shead
Sam Shead
on x
Fun to watch @jack unfollowing people promoting Web3 and any crypto that isn't bitcoin https://twitter.com/...
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@bigblackjacobin
Edward Ongweso Jr
on x
The capitalists are the problem (but especially the venture capitalists) https://twitter.com/...
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@pt
Parker
on x
Web3 is a very dark view of the future web. The web is an abundant, free & open information network nobody owns. Its self-anointed successor is a pay-to-play network controlled by token shareholders enforcing artificial scarcity. So I'm long the web of abundance. Early days.