Crypto

A recent criticism of web3 is that it isn’t actually decentralized, because there are centralized services in the mix, such as NFT marketplaces like OpenSea, and data availability services like Alchemy. 🧵

Fun fact: Crypto inequality is *significantly worse* than traditional wealth inequality! The top 1% of Americans own 30.4% of total US Wealth. The top 1% of Crypto users own 80%+ of total Crypto Wealth. "Crypto makes us all owners" is a narrative being driven by crypto elites.