Tag: crypto

Read “Eric Hu Will Not Take Web3 For Granted” on the Zora blog.

I think crypto…is an amplifier: if you’re a libertarian asshole, it’s going to help you become an even more libertarian, more asshole-y person. But if you believe that the people that help you out should be taken care of, and that we can have a place where we could take care of our friends, and our friends can take care of us, and it’s not about fighting over scraps and the narcissism of small differences, we can take part.

I think this is pretty spot on. So maybe people’s opinions of whether Web3 is going to be “good” or “bad” on the whole comes down to whether they feel optimistic or pessimistic about humanity at large. IDK.

Also:

I think when people are like, ‘Oh, Web3 is going to liberate people’, I get really angry. I’m like, ‘Dude, when you say that, it just makes us all more lazy; we just expect that Web3 is going to be inherently better than Web2’.

No, this is a conscious choice. We have to make protocols that aren’t trying to be extractive—all of that takes effort. I have full faith in Web3’s ability to do some amazing things, but I also have full faith in humanity’s tendency to just become selfish once it gets to a certain point. Web3 has a lot of promises it can offer, but it’s not going to happen automatically.

Also, Eric mentions that some people prefer using the term DISCO (Distributed Cooperative Organization) instead of DAO (Decentralized Autonomous Organizations). I like this, much prefer DISCO. “Autonomous” makes it feel very robot-y. “Cooperative” is much more human.🕺🏻

Twitter can make it seem like the Web3 “war” is purely binary. But there are so many more nuanced takes out there, including this interview and others. Thx SB for sharing it with me.