37: Web3

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To a select community of Twitter dwellers who have cartoon animal profile pictures, Web3 is going to be the next huge evolutionary step in how we use the internet. And to be honest, they’re probably not wrong.

Web3 is at the stage where it asks more questions than it answers - how do we define the value of digital goods? How do we share that value among the people who created them, rather than hoarding the value on a handful of large platforms? What does it mean to be part of a digital community? When did “right clicker” become an insult?

Warning: Hegelian concepts of ownership discussed at length. Don’t say we didn’t warn you.

Timestamps:

2:30 The three types of people into web3

6:00 Web1 vs Web2 vs Web3

11:00 What actually is decentralisation? What tech has enabled it?

22:30 To what extent is web3 replicating web2?

27:30 The value of digital ownership

39:00 Wait, what is ownership?

45:00 Thinking beyond greed

57:00 Community first: geodesic vs geodetic