I think it's time to stop with this stupid narrative that web3 will achieve mass adoption when the right game or SDK hits the streets. I think it's time to realize web3 is its own thing. The Linux of Internets. Just like Apple and Windows users hear of Linux but never quite make that jump, so too will the unblockchained Internet hear of web3 but never quite make that jump.

There is the notion of hiding web3 so well underneath the surface of web2 that web3 achieves "mass adoption" through acculturation. Eh. Maybe you get more revenues flowing into web3 coffers, but that's not mass adoption. That's revenue redirection. Mass adoption means the masses take full advantage of what the product is, both culturally and technically. Would you call H.264 video compression mass adopted just because it's what Netflix uses to deliver visuals? Copper achieves mass adoption because it's in most modern residential wiring? I don't see it.

We got bitcoin rising against 99% of alts, which means all the capital is getting sucked out of the sucker crowd and placed high on the shelf where the degens can't get to it any more. It's going to stay there, just in case you're wondering. The whole game is to create an asset that is out of reach of the normal person. The exclusivity is what makes it valuable.

So all the web3 garbage that's represented by these altcoins is taking up a smaller and smaller space as time goes by. Though it may grow, it will remain the same size or smaller than it is now relative to the bluechip assets (BTC, ETH, maybe MKR) that people are buying with the profits they're taking from you. And guess what? None of those bluechip assets are in the web3 space. They're more commodities than anything — BTC and ETH now by law, and MKR, etc. probably soon to follow.

This is actually good. It gives web3 the ability to remain outside of full regulation and provide a true alternative to a fiat lifestyle, including the opportunity for true digital nations. You need that technical guardrail up for this to happen. People who are able to jump that guardrail will get rich, but it will be too high for most people to take the leap. Fenced off from the rest of mainstream society, web3 will create its own Internet culture and ruleset.

Slowly, developers are realizing this and creating products that are meant specifically for web3, not even attempting to bridge or cater to web2. The guys with the toolkits to build, the picks and shovels, are starting not to care whether they get the next billion users. Web3 is big enough on its own to cater to, and the people who are on that side of the fence are on it for precisely that reason. They just didn't know it until now.

Yep.