For a Guy Obsessed With Bitcoin, Jack Dorsey Sure Doesn’t Trust Other Crypto People

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For a Guy Obsessed With Bitcoin, Jack Dorsey Sure Doesn’t Trust Other Crypto People
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There's now crypto skepticism coming from inside the house.

, laser eyes, the metaverse—all of a sudden Twitter feels like a crypto-bro fever dream. But Dorsey’s broadside, and some pushback it inspired, underlined that crypto enthusiasts aren’t at all on the same page about the Web3 hype. Instead, they have some distinct factions.

In Web3 booster’s formulation, the internet originally began with the Web1 era, which was characterized by open protocols, decentralization, and static webpages that weren’t regularly updated and didn’t have a lot of interactive features. We’re currently in the Web2 era, in which major corporations like Facebook and Google control the biggest hubs of activity and services on the internet. Web2 also encouraged users to interact more with the internet and produce content on social media.

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