334
62% of Funded Blockchain and Web3 Companies Attract Fewer Than 100 Monthly Organic Visitors
(guerrillabuzz.com)
this post was submitted on 12 Aug 2024
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Turns out the one thing Blockchain is good at, building out decentralized strings of commonly agreed upon immutable transactions, is actually not that useful. For small items we need an "undo" button because people make sloppy mistakes or get scammed, for large items we want the government to act as enforcer of the property (house, dollars, car) in question so it doesn't actually help us to decentralize.
It's good for certificate revocation lists. But "Web 3.0" was utter bullshit from the start.
I can't think of one time it was brought up where I couldn't answer, "I can do the same thing with web 2.0 + federation and/or self-hosting".
Exactly, web3 is such crap honestly