Web3 Skepticism

The issue is web3 discourse under-sells the power of the web, oversimplifies the benefits of a new architecture, and skips over meaningful hurdles (UX, security, trust, long-term economics). I think we confuse theories with actual user value props and sustainable business models.

More generally, I posit the two keys to understanding Web3 are: 1) Beware of easy money schemes 2) Beware of #HollowAbstractions When proponents like @cdixon promise riches to come via abstract "mental models", we can gently guide them to focus on money flows and use cases.