Jack Dorsey is a pretty successful fellow. He sees centralization as a real problem, and is making an effort to solve it. Antagonize all you want, Jack Dorsey is doing.
Centralization can be a problem, but if someone steals my credit card number and buys things, the financial system can also help me address that.
At some point you have to untangle the ponzi and scams from the technology. We did this with the web and email already, and even Tor and the “spooky privacy web.”
Most of these scams are variations on “send us your tokens and we will do X.” This isn’t the case with Jack’s proposed protocol, so where is the scam?
https://twitter.com/brockm/status/1535328599200477184?s=20&t...
We already have many decentralised protocols for a wide range of use cases. It's unclear exactly what WebFive brings to the table that is both novel and practical.
https://developer.tbd.website/
It’s not completely fleshed out by any means but it also isn’t a complete lack of details.