Tesla CEO Elon Musk, who draws attention with his effects on cryptocurrencies as well as his shares on Twitter, has targeted Web3.0, which is seen as the future of the internet, in his recent posts.
The famous billionaire shared yesterday, “I’m not claiming web3 is real, it seems more marketing fad than reality right nowHe said that Web3 is just a marketing strategy.
Elon Musk, who was chosen as the person of the year by TIME Magazine in the past days, continued his criticism of Web3 today. musk, “Has anyone seen Web 3? I can not find” he tweeted.
Jack Dorsey, who recently resigned as Twitter CEO and changed the name of Square company to Block, responded to Musk’s Web3 post.
Dorsey to Musk’s Web3 post “Somewhere between A and Z” With his comment, he referred to A16z, the venture capital firm founded by Marc Andreessen and Ben Horowitz, implying that Web3 is under the control of the company.
It’s somewhere between a and z
— jack⚡️ (@jack) December 21, 2021
Dorsey’s Web3 Sharing!
Former Twitter CEO Jack Dorsey also expressed his dissatisfaction with Web3 technology and the participation of venture capital companies such as Andreessen Horowitz in Web3 in his tweets.
“You don’t own Web3. There are capital companies and liquidity pools. That way, they can’t go outside of what’s encouraging them. It will just be a place with a different name and eventually central again. Know what you’re getting into…”
You don’t own “web3.”
The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label.
Know what you’re getting into…
— jack⚡️ (@jack) December 21, 2021
Dorsey’s Web3 post received support while receiving a lot of backlash. Dorsey’s tweet received a lot of “strongly disagree” and “strongly wrong” responses.