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Naval: "It has to go through the same adoption curve that Web2 and Web1 did. And in theory, it could even go faster. Because tokens naturally have an incentive mechanism built-in. The token companies don't need to do much marketing. The marketing is done by the users.

When determining whether a cultural object has value, is it best to trust:

Love and hate are birds of a feather. I need you, therefore I hate you. I can never leave you, therefore you are my bunkmate in this prison we freely chose, back when we were younger and even stupider than we are now. No sooner are you saved than you start to resent your savior.

-Aggregators incur none of these costs:

Some claim web3 is about ownership, but it is more appropriate to say that web3 is about wealth. Very little in the web3 advocacy space addresses how it will match Web 1.0 and 2.0’s successes in terms of discoverability and sharing. It offers little by way of guarantee that it will protect its users' digital rights, in some cases making them much w... See more

With large teams and important business goals to lead, Heads of Community will earn a rightful place on the executive leadership team. Community leaders will no longer be embedded inside other functions — they will be valuable enough to stand alone and to build large, high functioning teams.

Decentralization can be thought of as a single design challenge that spans three different, but interrelated elements: technical, economic, and legal. Understanding the differences in these elements is key to designing web3 systems because design decisions with respect to one affects the others.