“Decentralized” Web?

1989-

Web 1.0 The Internet

Browser Webserver

WebApp

Profitable
1999-2012

Web 2.0 The Internet

Browser Webserver

Dynamic WebApp
Web Pages

More Usable, More Profitable

2012-Forever

Web 2.5 - The Cloud/

SaaS

S
Server

Browser
Datastore c
a
Dynamic l
DataStore
WebUI a
b
Application l
e

Subscriptionization
2018-

“Decentralized”
Applications

S
Browser Server

AppUI Datastore c
a
Blockchain Blockchain l
DataStore
a
b
Application l
e
 There is a collosal
battle of greed going on
right now and we’re
making fun of it without
realizing the
implications
 The battle is for the
financialization and
tokenization of the vast
majority of information
on the internet
 Companies want to
create rent-seeking
opportunities that did
not previously exist
 Companies want to
charge developers a tax
to deploy
“decentralized”
applications

And they want to

charge users
microsubscription fees
just to exist
And when users want
to pay developers and
content producers

The platform owners

will extract a
percentage of that
value. Just like Apple
and the App Store
 The extraction
mechanisms have
sometimes been
occluded with
tokenization.

Huge founders rewards

and proof-of-stake
mechanisms give
astronomical financial
rewards and control to
the winners
2018-Hopefully
Never
“Decentralized”
Applications

S
Browser
AppUI
Server c
a
Blockchain Blockchain l
DataStore
a
b
Application l
e

Financialization and Profit Extraction

2018-Hopefully
Never
“Decentralized”
Applications

S
Browser
AppUI
Server c
a
Blockchain Blockchain l
DataStore
a
b
Application l
e
Own these protocols, and you don’t need to develop or own the hardware,
or application software to make substantial profit.
2018-Hopefully
Never
“Decentralized”
Applications

S
Browser
AppUI
Server c
a
Blockchain Blockchain l
DataStore
a
b
Application l
e
Parasitic Profits Without Value Creation = Rent
Seeking
 The technological arms
race started to create a
secure, global, near-
instant, efficient,
resilient network for:
Global Internet Identities
Global Micropayment Systems
Global Web Ecosystems
Which will dovetail into the existing
Banking & Government systems of
today
 Global Internet Identities

ID2020

Humanitarian Cause
Global Payment Systems
Global Web Ecosystems
 The driving force
behind most of these
companies are never
technological needs but
ENVY and GREED
This is how sell it to the
average person:
Companies tell you that the internet today
is not good for you. That it is creepy, and it
is tracking you, and that your information
and your money is not safe, and
companies have locked you in.

And that they have a snake-oil blockchain

solution that will solve all these things
 Reality: blockchain has not technically
solved the byzantine generals problem.
Most Blockchain Tech makes tracking you
EVEN EASIER in a PUBLIC LEDGER.
Simple data corruption and human errors
lead to ABSOLUTE loss scenarios on the
blockchain.
Blockchain tech is for financialization, it is
not a security and privacy tool. But Greed,
Envy, and Fear sell consumers.
Vote no to unfair profit extraction.
Don’t give them your money and
attention. Don’t throw it away

The neutrality of the web

you enjoy today is in
danger
 philip k dick wrote
about the
decentralized web in
his novel, UBIK

it was a dark,
depressing, coin-
operated place