#web3 (10 links)
- The web3 world computer is at a 1970-level of development interconnected.org
- Notes on Web3 robinsloan.com
- My first impressions of web3 moxie.org
- Chris Granger - "Is Web3... anything?" chris-granger.com
- Cryptocurrencies: A Necessary Scam? - BIG by Matt Stoller mattstoller.substack.com
The traditional populist view is that we should reform our social order through politics, things like mass education, elections, and civic engagement. That’s how Elizabeth Warren sees the world. She wants to strengthen the state so it can restore the social order, one that will tolerate less cheating and will involve the rule of law applied to the powerful.
The crypto response is different. The crypto response is to reject the social contract itself as irredeemably corrupt. Their goal is put pressure on the state itself by creating a money-like instrument outside of the public rule-setting capacity of the government. This is framed in the name of consumer choice, as in the state shouldn’t be able to boss you around and tell you what you can do with your money. After all, it’s yours. And anyone who doesn’t buy into this idea is inherently defending a set of collusive bailout-friendly institutions that we sometimes call liberal democracy.
- Outland outland.art
...a new platform dedicated to fostering critical conversations around emerging digital technologies and their connections to contemporary art.
- What is the metaverse? (Interconnected) interconnected.org
Yet all of these technical arguments circle around a deeper truth: a technology which is purpose built to circumvent and arbitrage the regulatory perimeter cannot be brought within the perimeter without destroying its core claim to value or irreparably crippling it.