I do love where web 3 is going but I wouldn’t want to underestimate the problems that its complete reliance on cryptocurrency also brings.

Cryptocurrencies used to be decentralized but it isn’t the case anymore (if you hate banks prepare to hate large mining farms… until proof of stake allow the top 1% to be in charge),

It’s anonymous (but governments don’t want anonymous money movement… I personally don’t want that either) and public (but if it stops being anonymous then who wants everybody to know they bought a sex toy online?).

Contracts are awesome but still cost a fortune.

All successful cryptos do not inflate which means the incentive to spend it does not exist, you’re better off investing in the currency itself than using it (you want a light inflation of your currency to help your economy by sponsoring real companies)