web3 and its enemies
web3 culture is fiercely critical of web2 platformers as centralized. Certainly, the platforms have grown rapidly, monopolized profits, and continue to expand. They now have power that may exceed that of the state, and no one can control them. However, the goal of web3 is not to defeat the web2 companies. The state is a regulator, but it is not the entity to be defeated. So what is it that web3 is trying to eliminate from the world? The Ethereum Foundation's 2022 report includes the foll...
web3 and its enemies
web3 culture is fiercely critical of web2 platformers as centralized. Certainly, the platforms have grown rapidly, monopolized profits, and continue to expand. They now have power that may exceed that of the state, and no one can control them. However, the goal of web3 is not to defeat the web2 companies. The state is a regulator, but it is not the entity to be defeated. So what is it that web3 is trying to eliminate from the world? The Ethereum Foundation's 2022 report includes the foll...
