[phillipcarter]

> But, the main force for a return to decentralization is in crypto and the only realistic alternative to a web3 future is one where everything is a property of Google, Facebook, Microsoft, &c

It'd be awfully nice if said decentralization was offering more valuable things than just naked ponzi schemes.

I'm on team "we're in an ad bubble and it's disgusting that these major companies created a surveillance state" but the alternative presented is an extremely toxic culture of money-obsessed scammers who burn energy with reckless abandon.

I'd advise that proponents of cryptocurrency-based systems like "web3" clean their houses out a bit.

[iskander]

I think it's easy to miss the content at the core of the movement given how thoroughly it's wrapped in gold rush and scamming. But the more time I spend around the space the more it seems that there is a legitimately transformative force which attracts the gold rush in the first place. And the ethos of people working on e.g. research DAOs, decentralized publishing, crypto art, &c feels right compared to the web2 world.

[nefitty]

It's the classic MBA meets genius nerd situation.

"Hey everyone, look at this weird tech thing my brother has been obsessively building for the past year! You can have one for $5!"

[easrng]

> But the more time I spend around the space ...

The more you get sucked in to the reality distortion field. I've been there, get out.

[iskander]

Nah, I kinda like it. It's a very idealistic and optimistic space with a vision for creating a commons that's not owned by any one commercial entity. The scams will drop away when the current bubble bursts but the web3 culture + tech are probably here to stay.