Web3 Skepticism

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.

For products to work at scale they need sustainable business models and networks. Would love to see more discourse in web3 about the complex financial incentives conflicts that we’re going to see if the movement goes beyond DeFi/trading-related use cases. A few examples👇