Why The Masses Aren't Ready For Web3

in LeoFinancelast year

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This is a difficult situation to assess and conclude but no matter how many times I mull it over, I keep arriving at the same end.

In this video I discuss how the masses are not cut out for Web3. Many are looking for them to join yet, quite frankly, there are 3 things that preclude them from taking advantage of what is being created.


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I'm not surprised by your conclusion. We still have people not able to adjust to the internet. Expecting them to understand Web3 is futile. But we can't really wait for them. What I can see happen is to make Web3 invisible in the front end. It can be similar to how banks do it with people's money. A lot of people still believe there are loads of money in bank safes, and that when they deposit money, the bank stores all of it there. They don't realize that almost everything is digital and the money in the safe are just enough for the usual day to day transactions.

We can protect people from themselves in Web3 by showing them just the basic interfaces and apps. They don't need to know the nitty gritty, and the blockchain technology. We can tell them how they have full ownership of their assets and accounts, but don't need to push it down their throats. We can offer them less risky assets like stablecoins instead of the usual crypto tokens.

When the benefits of web3 are fully understood by masses, they will swallow it hook and sinker

I think you really made a valid point out there. Well I strongly believe that there will be detailed structure in place for the future that will make it run and make it quite acceptable and handle by the masses in the years to come. I actually believe that strongly

Something big is really coming that Web3 is going to offer to us and it is just a matter of time before it manifest. Just a time.

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