Web3 Skepticism

Hollow Abstraction: An abstraction that sounds coherent, but lacks a specific referent Most people are easy targets for HAs, because they draw conclusions from abstractions without checking if they're hollow. Hollow Abstraction is the mental model that best explains web3, IMO.

Out of curiosity I dug into how NFT's actually reference the media you're "buying" and my eyebrows are now orbiting the moon

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👇

It’s funny how much the concept of compose#ability & portability of web3 sounds a little bit more like the web before Google or FB than a better way to build them. Yes, your content becomes atoms you can take with you, but you can’t take the network with you.