The author’s argument is definitely not nuanced, but a a straw man and a false dichotomy.
“Web3 is not 100% decentralised, so it’s not really legit.”
Web3 or crypto never intended to be 100% decentralised and it is impossible to be so. There will also be dapps among the 100,000 dapps that have a centralized component.
Every percent decentralisation is good, be it 1%, 5%, 50% or 90% and we are in the high double digits in very many areas.
It’s 2022, 14 years after the invention of Bitcoin, and hacker news still doesn’t get crypto, one can only shake their head.
But hacker news be like “Muh, I want to be a boomer and my brain is not able to learn new things, so it’s a scam.”
“Web3 is not 100% decentralised, so it’s not really legit.”
Web3 or crypto never intended to be 100% decentralised and it is impossible to be so. There will also be dapps among the 100,000 dapps that have a centralized component.
Every percent decentralisation is good, be it 1%, 5%, 50% or 90% and we are in the high double digits in very many areas.
It’s 2022, 14 years after the invention of Bitcoin, and hacker news still doesn’t get crypto, one can only shake their head.
But hacker news be like “Muh, I want to be a boomer and my brain is not able to learn new things, so it’s a scam.”