Jack Dorsey, Elon Musk Slam Web 3.0... But What Is It

(ZeroHedge) A curious schism is developing within America's tech oligarchy when it comes to "web 3.0" (and it key draw, the Metaverse) with former Twitter CEO Jack Dorsey going on a lengthy rant overnight to voice his displeasure with so-called Web3 technology and the involvement of venture capital firms like Andreessen Horowitz. Dorsey told his millions of followers that "you don't own web 3" and that "the VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label."

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