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Reading all the hot takes on crypto/web3 going “but what use case does it solve?” and mostly thinking to myself that these folk have such confidence in their opinions.

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I don’t know enough about web3 to have a view either way but I’m not convinced by this comparison since at this point computers were already providing a lot of value to specific (even if niche at this point) roles and had been for years (decades?)

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This passage is more focused on expansion to consumers and non-specialist staff rather than finding *any* serious users - seems like a difference to web3 etc?

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You’re right, the historical analogy isn’t perfect. But here’s what gives me pause: I can totally see myself as a person in this period, agreeing with the criticisms. “Why would my wife want to use a PC? All computers are good for are spreadsheets!”

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It’s a failure of the imagination but it is appealing to me Similarly: “bah, nothing can possibly come out of credibly neutral protocols. Also smart contracts are stupid, I much rather have all my financial derivatives executed using paper contracts written by teams of lawyers.”

2:33 PM · Nov 25, 2021Tweetbot for iΟS

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What does web3 provide that web2 cannot. When you look at the example from the book, its talking about a 100x increase in productivity. Since web3 tech is by definition slower than its web2 counterparts. What's the value in that tradeoff?