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CV116: Monetary Base Companion - 2021 Q3

Crypto Voices

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The Web 3 Infrastructure - What Is It?

Michelle: Can you define web 1, 2 and 3 Michelle for us? I can define web 2 because before web 2 we didn't know we just called that the web. Man I would be so happy to go back to the web 1. But it's just the decentralized. That's the big B word. It's blockchain and metaverse. And supposedly it's much more about provenance and ownership of digital artifacts. So instead of like Spotify owns music and Facebook owns news feed and whatever I own my stuff and I can move across the web 3 infrastructure.

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