The image is from thechorus image on thecdn.vox-cdn.com.
Jack Dorsey did some spicy things last night.
Some of the idea's biggest boosters were a bit upset by the thoughts of the Block CEO and the founder on the topic. This wasn't the kind of Web3 criticism we've seen time and again, and it wasn't from the perspective of a "right-clicker mentality". He said users don't actually own Web3 and that it is a movement that is decentralization and community.
In reality, it's big venture capital firms that have invested in the space, like the ones that have made investments in several dozen companies, including OpenSea and the NBA Top Shot creator, that will control.
You don't own a website.
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The VCs and their partners do. It will never be able to escape their incentives. It is a centralized entity with a different label.
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Know what you are getting into.
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December 21, 2021.
This was a double blow in terms of Web3 criticism, even if he might be completely unintelligible to people who don't follow the daily Web3 arguments.
To break it down.
The next generation of connected games, apps, and services will be owned by users instead of being controlled by companies like Microsoft and Facebook, according to Web3 acolytes. You can already own a voting share in the next big social network, and you could also transfer that to another game or resell it to another player.
The belief is that this will change the internet again by allowing everyone to make money and have control over what they do online.
The entire promise of Web3 is a lie, so for Dorsey to say that you don't really own anything in Web3 is to argue that the entire promise is a lie.
By pointing a finger at the other, Dorsey hit some of the biggest companies in the space and would seem to dismiss Chris Dixon, a partner at the other, who has become one of the movement's leading voices.
He is definitely dismissing Chris.
You are a fund determined to be a media empire that can't be ignored.
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December 21, 2021.
Jack used to dunk on a16z once again after Elon tossed an alley-oops.
It is somewhere between a and Z.
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December 21, 2021.
The Wall Street Journal used him as a leading example in a story about Web3 fans trying to change the internet. He said that the Journal used his name for clicks and that he had nothing to do with web3. Really?
I don't have anything to do with web3. The WSJ and others need names and photos.
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December 21, 2021.
It is very funny for the co-founder and former CEO of Twitter to complain about clickbait headlines.
It's true that Dorsey is a big fan of both cryptocurrencies and the internet in general, but he sees a difference between them.
Web3 creators need to contend with the fair criticisms of Dorsey. Any system that creates haves and have-nots on the web is going to give more power to certain people and groups, whether they are early risers or people who already have plenty of power.
If you were lucky enough to buy into ether early, you could spend a lot to buy a Bored Ape, but with your Bored Ape, you could get early access to buy an Adidas NFT.
Which one has a different ownership structure? He is more bullish.
Yes, it will.
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December 21, 2021.
The quote from the political cartoon that was the subject of the troll was made even more succinctly by the troll.
His mentions are filled with angry Web3 fans.
There is a link in this article.
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December 21, 2021.
