I find this to be some of the most damning criticism of the whole web3 idea because it’s clear @moxie is approaching it with an open mind
Moxie Marlinspike @moxie
7 Jan 2022
Wrote some notes summarizing my first impressions of web3: moxie.org/2022/01/07/web3-fi…

Jan 8, 2022 · 8:32 AM UTC

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Replying to @stilkov @moxie
I guess he’s right there. Everyone running the blockchain on their computer or phone is totally inefficient plus super inconvenient. If you trust now entities like opensea there is also a better mechanism for storing information… A database
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Yes. Even better when you can trust that some central service will take good care of your private key
Replying to @stilkov @moxie
Now if only they'd drop crypto from Signal
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Not sure MobileCoin is as bad as the others
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Replying to @stilkov @moxie
It’s not damning he has just shown us why the internet computer project is so important.