Web 3.0 Wars are Becoming Personal as Jack Dorsey Draws the Decentralization Line
Jack Dorsey, Twitter’s ex-boss and current CEO of payments company Block (formerly Square), is again on the offensive, criticizing ethereum (ETH) and other altcoins for being largely centralized and controlled by the interests and incentives of venture capitalists (VCs).
“I’m not anti ETH. I’m anti-centralized, VC-owned, single point of failure, and corporate controlled lies,” Dorsey, a well-known bitcoin (BTC) proponent, said in response to questions about what he sees as the problem with the world's second largest crypto project and the broader space that has been dubbed ‘Web3’ by proponents.
He added: “If your goal is anti establishment, I promise you it isn’t ethereum. Don’t believe or trust me! Just look at the fundamentals.”
“I care only
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