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by muzani
1065 days ago
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Isn't this basically web3? Web3 seems synonymous with crypto, but it's a natural evolution and has lots of overlap in terms of community. Instead of using computing power to compute some puzzle for money, they're used to host stuff and do calculations for web apps directly. Advertising was popular because because of how underdeveloped financial infrastructure was. You couldn't tip a website or a creator like you could today. Google and FB ended up building the whole advertising infrastructure and turning it into their core model. But crypto today makes it possible to do pay half a cent for access to something as needed, and it's possible to do microtransactions without giving 30% to Apple. I'm not sure microtransactions path is better, but we also have Patreon. OnlyFans was intended as a way to provide some kind of consulting, but ended up sex work. There's a tendency for companies to invest heavily in the pieces of their core business model, and turn into a platform. Nobody wants to use a platform either, but it's easier to build communities on reddit than your own forum. It's easier to do PR on Twitter than talk to a dozen newspapers like back in the day. So yeah, I think web3 is a bundled solution and community, to AWS, to advertising, walled gardens, and so on. You just have to deal with the NFT dudes who sail the seas. |
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It's just a few people piggy-backing of the cypherpunk ideas.
If your to read original cypherpunk texts it like the work of Nick Szabo, Timothy C. May, David Chaum. It was never about having a decentralised AWS.
The core idea was to be able to build political institutions that;
a) Don't depend on government institutions to enforce agreements made on the internet. (i.e Smart contracts)
b) Have censorship resistant money money & means of communications that government or coporations cannot sanction.
The problem is that very little of what you see in web3 is about those ideas. Its about garbage like NFT digital apes & GameFi