Jack Dorsey Goes on Unfollowing Frenzy After Web 3 Beef


Both sides of the Web 3 debate bemoan the present state of the web, dominated by a handful of huge platforms (not least of all Twitter, the place Dorsey stepped down as CEO final month). But the maximalists distrust the Web 3 crowd’s use of crypto tokens as a solution to fund such initiatives. The proven fact that VCs are huge holders of those tokens is, to the maximalists, damning, a traditional case of “meet the old boss, same as the new boss.”