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Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows

Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows


Bitcoin.com
2021-12-23 01:00:32

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 […]


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