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.
More specifically, I think “comparisons to other tech which has emerged as successful” works against cryptocurrencies because they succeeded in similar (or shorter) time frames; I count that more than lack of envisioned use cases.
Well it depends on how you count the time period. A lot of what’s being built in crypto/web3 is really early, akin to work done in the preceding two decades before the PC boom.
The Dream Machine covers much of this period, and the innovations take a lot longer than I expected.
I think that makes use of more hope than “but there haven’t been any use cases” does.
— Maybe the examples end up not being useful to predict whether web3 succeeds; but I think at this point most examples would count againt web3.