Had a call with an industry titan in product management yesterday.

He asked me in which ways web3 social can be:
Cheaper, Faster or Better than web2 social?

I had an answer that I thought was compelling, but his follow up questions were challenging.
I'd be (genuinely) curious of what you think is the strongest answer

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

Another way of looking at it:

If a user can't tell whether an app they are using is built on a decentralized protocol or not, what advantages would the decentralized version likely have that the web2 version didn't, in order for it to be cheaper, faster or better?

I thought one of the main features of decentralization was fewer points of failure.

if fewer points of failure, wouldn't that mean it's better?

I don't know about cheaper & faster, that's outside of my depth.

skeuomorphic web2 example is masterworks, which looks like it's going under. what happens to their userbase?