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. 🧵
By yielding a generational wealth creation opportunity that was a strange hybrid of a lottery jackpot and self-made fortune, crypto created an ideological hold on its early entrepreneurs and workers. It had all the euphoria of a gold rush and all the self esteem of high tech meritocracy.
Reddit Announces New Cryptocurrency Acceptance Method Using Community Points . Reddit has introduced a new method of accepting bitcoin payments via Community Points. To unlock new crypto-enabled bonuses for Reddit Community Points,...