RE: RE: Will there be Centralized Web 3.0? - Contradictions
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RE: Will there be Centralized Web 3.0? - Contradictions

RE: Will there be Centralized Web 3.0? - Contradictions

A thought provoking post !

One of the biggest issues slowing down mass adoption of Web3 is decentralisation. Although leaders will always appear in any organisation, in the case of Web3there are a number of people creating projects and leading initiatives within it, but there isn't a single visionary leader.

There's no Steve Jobs, Zuckerberg, Bezos or Musk. That makes it hard for the wider public to find someone to follow. It means that development is a vague amorphous thing that happens without central planning. It's a massive hindrance to mass adoption.

But what it also does is protect Web3 from government regulation or interference by legacy companies. There is no one person they can bribe, buy or threaten. It's not based in a single country. The worst they can do is make it hard to push cash into an onramp, and to bluster, threaten and use propaganda. There's no single leader they can imprison or assassinate.

So if Web3 gets centralised, it'll be something we do to ourselves ! I hope we're wiser than that.

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