The transition from Web2 to Web3 is inevitable. However, as the demand for decentralization gains momentum, several important questions are being raised about the current state of blockchain technology and its promised “decentralization.”
Vitalik Buterin responded by confessing that “a lot of it comes down to limited technical and financial resources. It’s easier to build things the centralized and lazy way, and it takes a lot of effort to ‘get it right’.” Or, Jack Dorsey’s recent tweet in which he claimed that venture capitalists actually own the networks that exist today.
You don’t own “web3.”The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label. Know what you’re getting into…
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