2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC115: Bitcoin and The Creator Economy w/ Justin Rezvani (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

You Don't Own Web Three, the VCs and the LPs Do

Web five is a marketing term to build a distinction where you can own your identity. The elements that are built on web five have all the principles of you being able to own everything, but don't involve a blockchain and don't evolve it their own tokens. I think that's the separation is that there is this opportunity for true interoperability for the next version of the web. And if we think about it, all the promises of web three really is the same thing as web two. Like no matter what you do, Ethereum is a walled garden. It's just another version of Facebook, but it's not like interoperable in any way because you can read and write.

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