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The differentiating factor of Web 3.0
30/10/2023![](https://marcellopeluso.com/wp-content/uploads/2023/12/Three-nil-money-loyalty.png)
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Follow the money: from salt to loyalty points
17/12/2023Less than a generation passes from Web 1 to Web 3, but if we’ve had fun retracing the first two series, it’s still not clear what to expect from series 3. Those who give spoilers throw in everything: metaverse, artificial intelligence, gaming, cryptocurrencies, blockchain, a couple of onions, and just enough salt.
I know, you did the same as me: you peeked on Google, followed a couple of tutorials on YouTube, and asked your cousin who knows everything for information. But then, were you able to explain what Web 3.0 is to your grandma? In one sentence? Without her responding, “Okay, dear, but come and eat the pancakes; they’re ready”?
I couldn’t, and if you couldn’t either, then we’re still far from having an idea of what it is, despite Wikipedia.
There are many gurus on the web telling us about Web3, and navigating to figure out whom to trust for insights is really difficult. Anyway, from what little I’ve understood about Web 3.0, one thing I’m convinced of is to avoid at least 5 categories of gurus found online.
Even before delving into an earthly understanding of the subject, i.e., the new web, it’s better to frame the sources of information.
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5 types of gurus to avoid
Here are the 5 categories of gurus I’ve identified. Obviously, if there are others, feel free to let me know. This is a support group, not a web course.
- The Doomsday Conspirator: They talk about decentralization predicting the end of the world bank and all state banks by next weekend. Starting from next Monday, we will have full and total power over our savings, no financial intermediaries, no more unfair taxes, no more Bilderberg Group and the like. Just keep your savings under the mattress! Now, thanks to cryptocurrencies and… blah blah blah.
- The Dubai Crypto-Enriched: They got rich with cryptocurrencies or joyful finance, promise you magnificent futures in the golden world of new digital currencies, with poolside work and a Lamborghini in the garage. Of course, to achieve this, you have to pay for their exclusive online course where they will reveal the most hidden secrets of making a fortune. Say goodbye to a mediocre life! Leave the nets; they will make you a crypto fisherman.
- The Geek Snob: They are super experts, know everything about web3, and talk to you with a language so technical that by the second word, you find yourself thinking, ‘Why did I even bother?’ They look down on you as if you know nothing about life, not just blockchain. They know the secrets of the sacred grail, and poor you, who is just a common mortal. They are usually passionate about video games, and you can recognize them by the nerd chair they are sitting on.
- The Enthusiastic Trustee: They don’t understand much, speak from hearsay, get information from Facebook, but have sensed that the new is advancing. So, they tell you about tokens, proof of work, and Ethereum as the beautiful, perfect, and magical, but when you ask them specifically about the things they inform you about, they can’t answer. Usually, they have a ‘cousin’ who could explain it better, or… they are the ‘cousin’ themselves.
- The Distrustful Catastrophist: The opposite of the conspirator but on the opposite side. He knows everything, and for this reason, he knows the future. It’s all a bubble, a hoax, a scam, and soon the enthusiasm will die down. His, for sure. Since the words blockchain and crypto make him nauseous, don’t bother asking him a question: you would always be the naive one who believes in ‘these things.’
A late Italian writer, in one of his famous movies, said, ‘Doubt is good! When you meet a person who has doubts, rest assured, it means they are a good person, democratic, tolerant. When you meet those who have certainties, unshakeable faith, then be careful, you should be afraid.’
So, if decentralization seems to be the possibility of having full control over information and content by users, without the intermediation of third parties, then the important question is: are we really ready to disintermediate?
- X marks the spot
- The differentiating factor of Web 3.0
- Five Types of Web3 Gurus to Steer Clear Of
- Follow the money: from salt to loyalty points
- The future of banks (and our money)
- Password Hunt: are we truly ready to self-regulate when we use the web?
- Let me tell you my secret: I see tokens everywhere