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.
The most successful web3 social apps are going to look completely different than web2 social (rather than building "decentralized Twitter/FB/X")
They'll lean into financial speculation & create new economic status games.