Conversation

It's telling to me that the Fediverse—which provides all the self-governance of a DAO, and all the decentralization of web3—has no interest from the VC bootlicker class.

It reveals a lot about how a plausible technological benefit evolves into a grift. web3 nonsense was never about new paradigms. It was about constructing bags and conscripting bag holders. The proof is right here. Those guys are now chasing AI, instead of viable expressions of the goals they claimed to be so invested in.