Why is Web3 Failing?
Web3 is a movement aimed at stealing power from the rich ( here, tech goliaths such as Google, Amazon, etc.) and giving it back to the poor. Proponents speak about it with such an intense glow on their faces that people have become too blind to believe them. The idea of Web3 relies entirely on decentralization — meaning no one but the people themselves will own this version of the web. The majority of people today have the misconception that decentralization and cryptocurrencies will drive the growth of Web 3. Read All