X : Web3 is about democratisation.
Me : WTF?
X : Crypto is about freedom.
Me : LOL. You mean embedding inequality and removing the ability to redistribute? Top 0.01% of bitcoin holders control 27% of the wealth versus old school top 1% controlling 30% of US income.
Me : WTF?
X : Crypto is about freedom.
Me : LOL. You mean embedding inequality and removing the ability to redistribute? Top 0.01% of bitcoin holders control 27% of the wealth versus old school top 1% controlling 30% of US income.
X : I thought you were in favour of DAOs?
Me : I take an interest in them, mostly because of the long running research I have on the changing phenotype of organisations (see 2011, 2021) ...
Me : I take an interest in them, mostly because of the long running research I have on the changing phenotype of organisations (see 2011, 2021) ...
Me : .... but don't confuse my interest with any desire to encourage the dystopian hell of gross inequality, inefficiency, privilege, abuse and control that bitcoin will bring upon the world.
X : Web3 is about decentralizing the internet and turning more control back over to individual users.
Me : You mean to "specific individual users" ... you can peddle the old lie about choice but for the average user then their choice, their control will become less than today.
Me : You mean to "specific individual users" ... you can peddle the old lie about choice but for the average user then their choice, their control will become less than today.
X : You don't think Web3 is about decentralisation?
Me : In theory, it's all magic pixies that really love you just don't look under the hood. In practice, decentralisation of provision but centralisation of power.
Me : In theory, it's all magic pixies that really love you just don't look under the hood. In practice, decentralisation of provision but centralisation of power.
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