Jack Dorsey Gets Slammed by Twitter’s Crypto Crowd For Web3 Critique
Twitter boss Jack Dorsey kicked off a major storm this week, attacking an idea that cryptocurrency enthusiasts widely believe will lead to a new dawn for decentralized finance and the internet – the coming of web3. Proponents of web3 hail it as a major revolution of the internet, bringing back control and ownership of information and assets exchanged over the web to the people. With that promise, it will also kill off the role of many of the giants that dominate the Internet today – namely the likes of Facebook, YouTube and Twitter. But Dorsey suggested in a tweet – which....
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Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of decentralization. “I’m concerned to see ‘the industry’ be distracted under false pretenses when we could all be working on things that have a chance at fixing the real issues,” Dorsey wrote. Jack Dorsey Says Web3 Is Owned by VCs, Tells Elon Musk ‘It’s Somewhere Between A and Z’ Jack Dorsey and....
Jack Dorsey said the nonprofit Blue Sky will use blockchain to create an open Twitter protocol and give people more control over their data.
Jack Dorsey has shocked everyone when he announced on Monday that he would be stepping down as Twitter’s CEO. The long-time boss of the company which he had founded had herded it into new heights, making it one of the social media giants. However, it seemed his run had eventually come to an end when […]
Tesla CEO Elon Musk and Twitter CEO Jack Dorsey have agreed to have “the talk” at the bitcoin event called “The B Word,” which aims to show institutional investors how they can embrace bitcoin. Elon Musk vs. Jack Dorsey at Bitcoin Event Tesla and Spacex CEO Elon Musk and Twitter and Square CEO Jack Dorsey have agreed to have a discussion at a bitcoin event called “The B Word.” According to its website, The B Word event will take place on July 21. It is a “Bitcoin focused initiative that aims to demystify and destigmatize mainstream narratives about....
Jack Dorsey’s vision of Web3 as a VC coup against the established tech royalty is not that simple and things may not be as clear-cut. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.Jack Dorsey, Twitter’s ex-CEO and Bitcoin (BTC) aficionado, is not a big fan of Web3 — or at least of what its grand vision is shaping up to be. Users won’t own the next iteration of the internet, he asserts again and again.....