Web3 is off to a rip - booming starting time . The theoreticaltransformation of digital societyvia the blockchain is imagine to usher in a sheer new decentralized internet powered by cryptocurrency . The revolution has begun , thecrypto adstell us ! The creation is convert . Get yourSlurp Juicenow !
And yet … the world somehow also remains oddly the same . Even in web3 , the wealthymonopolize the resources , fuzz arewatchingyour every move , and peopleare still dicks .
Another thing the revolution does n’t seem to have cured is law-breaking — specifically cybercrime . Just like in web2 , the blockchain is ultimately still govern bysoftware , and , last sentence I checked , software can get hack . Shockingly , that ’s what ’s been befall . rally , NFTs , DAOs , decentralized credit based stablecoin protocols — if you could name it , it ’s been hack . Since January , a little overa billion dollarsis out the door already . Pretty good Q1 for the crook !
Photo: Marco Bello (Getty Images)
The yr is n’t even unaired to being over yet , but there ’s been so many crypto heist we project we ’d contrive together a warm summing up . Idk , peradventure we ’ll do one of these every four month or every billion steal dollars . We ’ll see how things go .
BitcoinComputingCryptocurrenciesEthereumGeorge W. BushStablecoinTechnology
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