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Lemmy and Mastodon feel like the real web3. (self.lemmyworld)

submitted 1 year ago by kiriakos to c/lemmyworld

315 comments fedilink hide all child comments

I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

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[–] [email protected] 5 points 1 year ago (1 children)

The problem is that crypto is unregulated, the regulations are there for a reason, to stop things like ponzischemes and all the other things that already has happened that fucked people over. Maybe if they got regulated in some way, so that those things couldn't happen easily, as it is now, I would say no.

[–] [email protected] 7 points 1 year ago

Cryptocurrency is specifically designed to be infeasible to regulate.