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Four Fundamental Innovations of Web3 That Will Upend Web2 Incumbents (tomtunguz.com)
2 points by ttunguz 1533 days ago
2 comments

I'm not sure which of these 4+ "fundamental innovations" is most odious.

Geographically limiting the use of a particular kind of money might just be the worst, given how company script was so easily abused in the past. I think it's telling that the geographically limited money is for some "peasant" thing like electric bikes, rather than for some VC-related thing, like off shore banking.

Frightening: "Imagine a reserve bank stimulating the electric bicycle industry in the Kansas City metropolitan area by providing residents new US digital dollars that are only valid within bike shops in Kansas City."