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Showing posts with the label Tokens

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Pi: The Mathematical Proof God IS Existing

Preparing for Web 3

On January 18, 2022, New York Times writer, Ephrat Livni, wrote Tales from Crypto: A Billionaire Meme Feud Threatens Industry . Livni reported Jack Dorsey tweeting Web 3 is not owned by “you,” (us) but by Venture Capitalists and the Limited Partners of Venture Capitalists do: Livni asserted Web 3 is a tokenized Internet economy network ( link ). The tokens, Livni continued, are of the form, cryptocurrency, a decentralized money information system. Livni claimed Web 3 is benefiting users in some way, but the central task is some addition to Web 3, which could be invention, playing, interaction, or financial exchange. Livni also claimed these tokens have the capacity to democratize community-run companies.  Without controlling the token exchanges, Dorsey’s warning about who is really owning Web 3 will prove correct. In order to offer big companies equitable opportunities small companies should have, we will have to set upper limits on how much of Web 3 companies own, since the Big 5 of