Web3: the risk of naming

 November 26, 2021

In the last few weeks, I’ve heard from many - mainly not technical - people the expression “Web3”. In a way, it is excellent that people that are not tech-savvy start to learn about the Web, how it works, and where it might go, since they are using it consciously or not to perform the majority of tasks in their lives. The issue I have with this, though, is that no one of them could explain how it would work or why they are so confident that the future is going in that direction. The only thing they could associate with Web3 was that cryptocurrencies would be the future, and their value would go to the moon.