1 comment

[ 4.0 ms ] story [ 14.7 ms ] thread
This post addresses Jack Dorsey's recent criticisms of Web3 being owned by VCs and big tech, which I agree with. But he doesn't offer a solution—this post is my solution.

HNers will understand network effects more than most, and how difficult it is to build systems that are resistant to capture. Web2 went this way and in some ways Web3 is headed there too.

Hope you find it interesting!