Yes, corporations are too powerful, and yes, technical architecture is part of the reason why. However, the problems that emerged during the era of crypto scams and scandal in the early 2020s are similarly derived from the blockchain’s technical architecture—just like corporations. Asking the blockchain to fix the internet is like fixing your dog’s... See more
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. 🧵