When we have frictionless data, the driver switches from hardware to software. Here is where we see a fundamental difference between the two "webs".
In this video I further discuss the concept of exponentiality of Web3, especially compared to the present client-server infrastructure we are so famliar with.
▶️ 3Speak
The visibility potential of Web3 is really nice. But in your video I realized that privacy might be in danger. In the current system, no one knows my bank account and its value. But if we look at Hive, we can check how much other people is worth. I'm imagining how this can be a security issue of kidnapping, extortion, and the like. Sure it is ok now, since the users are few and far between. But if a crackpot neighbor or a street thug gets that information it can be bad. I know other accounts can be created to try and hide it, but not everyone will do it.
Frictionless data!? I wish we could get that over here because poor infrastructures are making it difficult to enjoy the internet. At times using hardware becomes preferable, only that we can't access the internet through them.