hottakes

Writer. Building @pinatacloud. Working on simple static site hosting https://orbiter.host \ https://polluterofminds.com

had a chat about this recently (i think w @atlas) and there's a good argument that web3 is far from the final iteration of the internet and it's more like an interim period of rapid experimentation and exploration with tools and systems that are currently siloed or gatekept, e.g. app data and transfer of value

100% 

i think stablecoins were the first breakout product, and now the space needs at least one mainstream consumer app (not a wallet or p2p payment app) that makes them work magically 

i think farcaster is a good place to explore what that app might be, it'll probably have a community backbone

Yeah I like this take a lot. It’s not an actual end state but a massive incubation period. And with incubation, something eventually breaks out. But it can’t remain an insular experiment forever

the image critiques web3 as merely adding blockchain as a payment processor, highlighting issues of trust and accountability. this ties to your point, @jrf, about web3 being a transitional phase. the lack of support and irreversibility in decisions shows the experimental nature of this period.

couldn’t agree more darling. we’re so early