The INSANE future of Web 3.0 Simply Explained

How exactly are you extracting value by giving it back to the community? In your "Web 2.0", users generate value by getting the ads they want, companies generate value by selling users data, advert companies generate value by giving you ads that you would hopefully buy, but how exactly does giving stuff back to the community is going to generate value? You've successfully spoke something, but I really can't generate any value out of it man.

Web3 data harvesting will be very effective.

Web 3.0 censorship example.



Yea there is never something like free money, when you get something you give something. Essentially Web3.0 permits your data to be stored and transmitted by unknown parties which could potentially develop a back door to at least index everything you do and own online on the Web3.0 seems we're giving a lot of power to oppressive governments or banks to be able to monitor and perhaps tax people's virtual assets, I am just waiting for the moment governments like the Prawo i Sprawiedliwość of Poland take advantage of this situation at least big tech like Google could not be so willing to give your data to the governments, with Web 3.0 you might be tricked into doing that yourself in the name of privacy, after all creating Web 3.0 nodes and saturating them in the Web 3.0 might be easy for entities like Governments or Banks that have a lot of money to invest in such infrastructure, they would also be the ones holding the Token majority and the power to distribute these tokens and NFT's to users, so yea as internet users you should all try researching the technology more throughly instead of getting into the hype. I will stick with big bad old tech firms and even Elon's Musk's twitter instead of some not safe alternative like Mastodon, and I understand that I am a fool that gives all control over my data to the evil and greedy Ceo's of Alphabet but I trust them more than the Polish Prawo i Sprawiedliwość which might be the entity controlling the Web 3.0 infrastructure in Poland. From as little information we can gleen so far the Web 3.0 infrastructure is poised to recreate the social stratification of the real world in the cyber space, because it's pretty naive to consider that people who can barely afford some basic needs financially like my self would suddenly be given a whole lot of Tokens to be able to access digital assets that could potentially disturb the financial hierarchy of my town, because guess what noobs, these token and NFT's are based on real money you pay for them to access any digital content or asset. Of course it's a dream come true for this guy making the video as he could profit from every single view, media companies etc are also all on board with the idea of deciding whose wealthy enough to watch their content and this might lead to the Internet being only available to the most wealthy as most people won't be able to access anything or will have content access filtered by governments or financial institutions according to the ranks and social score given to them individually by these institutions. The biggest headache after all for these people weren't the fact that big bad Facebook got all of our data, I mean as long as this and You Tube were a place for snobs sharing pictures and videos of their privileged lives everyone was okay with all of that, but the moment people started sharing media content or even user generated content like Miku Hatsune which they even tried to delete from existence by blocking access to content containing the phrase Miku Hatsune, now this was only limited to just one index at Google search, imagine if these people had the power to literally delete every single file you have downloaded on your computer or block access to it using a block chain service that could not only index everything you have in your private storage but also edit and delete your files, imagine a news paper journalist writing a critical article about a politician figure and that figure not only finding out about such activities but also being able to block access to that document for the journalist and deleting the file completely off the journalists hard drive, because that is another side of this praised Web 3.0 technology.

ICP if you know you know

Dear god this is painful on my ears…

Doesn't really describe the future of web3.0. Barely scratches the surface

very insightful my friend! Thank you for properly explaining the benefits of web3.. I am currently looking for a developer so that I can build using the bsv blockchain. Any insight or direction would help tremendously.

Web 3 is a scam.

LOL Dude, Web3 is a bunch of scams. You talked a lot and explained nothing much. If you've ever built an app, you'll know that apps change over time, either because you're adding new features or you're fixing bugs. A lot of the time the new version of the app can break compatibility with the old version of the app, so I'd like you to explain how distributed apps will be maintained.
On top of this, who will build these apps? Little indie devs? Perhaps big tech companies? So now you have a Web3 social network running on this horribly inefficient database called the blockchain and the world's problems are solved, because it's not like the developer of the app has access to your data, right? I mean now it's in a public, distributed, immutable ledger for the world to see. Can marketers and scammers not see this data, because it's distributed and public, right? Oh, it's encrypted? So only the app can access it? Then how are you in control of your own data, because currently I can delete my data, but I can't do that with an immutable data store.
You also talked about getting rewarded for using a system, but you didn't explain the economics of this.
"Automated away by blockchain" is something you say when you have no idea what you're talking about.

I've come here for financial advice from the 20 year old in my neighborhood. haha next Warren Buffett here.

That's as ponzi as it gets. It's the master pyramid

thankkk youu so much! God Bless

Guys check out, ironically enough, The Web 3 Project. It's going to be both a DAO with an APY feature that can auto-compound every 3 seconds with an APY of 400,000%. For the next 2 weeks only, the APY has been temporarily increased to 1.6 billion! I'd suggest to check this project out and DYOR.

hey pro, can you change your sound? In my opinion, it's hard to hear your sound, may be has problem with your MC. Thanks so much!!

Omg can't wait till 3.0 set ground.

Really want to see how this so called web3.0 ages.

web3 will swallow people in virtuality... do you want that?

is meta going to be in web3 or web3 in meta?

What is the incentive for builders to maintain dapps once they have already made a fortune off it?

No offense, configure your mic please the sound is really annoying

Yup, your voice needs some depth and some bass. It hurt my ears and my head.

Gregory. is there any email address you can provide to get in contact! cheers

I dunno dude, sounds like a Ponzi scheme.

I like how tech guys develop somewhat "innovative" and looking cool on paper but have nothing to do with how real economics and finance world works and basicaly didn't solve 99% problems of current system but adding lot of new troubles and overcomplications. The problem is they won't understand this

Ok so web 3 is a web based on blockchain. Will it make web 2 go away, the corporate owned and government surveilled web? Will advertisers abandon Web 2 and go to web 3? Will corporations run their businesses on web 3 the way they all use web 2 now?

🙏🏽🇨🇩⚖🇨🇾🕊🧢🧭🪐

Man you could be a rapper 😀. Thanks for the value you provided!

Every Blockchain Convo:"let's do a recap of web 1, 2 and compare to 3"
Please stop, let's get into the weeds of this.

This is eye opening info, thanks for the video

One of the better definitions I’ve heard. Not limited to just Crypto or bogged down with controversial opinions. Thank you!

Can you do a video on Den . Social powered by dragonchain please

With a voice like yours you cannot be human… you are a robot undercover as a human for sure! 🤖

So if you run web 3.0 from your home and you pay the internet bill from that same home how I'd that fully decentralized and if your internet gets cut off. Then your truly decentralized. 🤔

Metaverse of facebook will be a way to avoid the web3.0 threat to their business

🔥🔥🔥🔥

Decentralisation, privacy & transparency can't come fast enough for the average us.

i wish i could listen, but the vocals have my ears cringing. sorry

I only support new technologies if they're a middle finger to governments and censorious, control-freak psychopaths.

I don't think corporations will let this happen

This hurts my ears!!

Good info.

If all the armchair audio critics would just use their audio tech expertise to edit out what you don't like and pay attention to the message and not the messenger you'll maybe get richer quicker.

The Hive Mind is a group of people who want the same thing think they can make it happen. Power in numbers doesn't mean "smart people" are making these decisions, and if the majority decide they want X, I guess the rest of us will have to be ok with that. No one is seeing how this could go wrong, they only see the upside for them, until it effects them.

So if the treasury prints more money, the value of the dollar goes down but they treasury knows this and factors when there is need to print more money and take money out of circulation to maintain a balance so price don't go crazy. Will Web 3.0 do that? Most likely not. You'll hear a lot of people becoming millionaires in a few months and accumulate assets that used to take a whole lifetime. Sounds good huh. What if you are on the short end where you tried and lost a lot of your money, and you tried again and lost it again. Home prices will go up because these millionaires will be buying these properties. It will be a new "all for myself" world and people won't play nice. Web 3.0 is all about money, and people don't play nice when it comes to money.