Downvoting this since it seems to be an evidence-free political speech.

Downvoted for lack of standard punctuation, capitalization, etc., which makes the post unnecessarily hard to read.

so i sorta think like of web3 as a group of magical coconuts. you drink them and you get a bunch of sick life powers and society gets powers. that is great. im onboard with some magical coconuts. equal opportunity. decentralized everything. screw the man ya ya ya. get rid of the incumbents holding us back. innovation shminnovation. why the freak not? who wouldn’t be down for the cause? 

This is the part where things went down hill.

"the whole thing feels unbelievably absurd. "

Aside from describing this post (and 'web3')..there didn't seem to be a lot of depth to the criticisms over all. That said, if it had stayed at the same depth, ditched the rant, and had nothing more, it would have been a lot better. (The whole thing was a rant, but some small parts were okay.) I didn't value the metaphor at all. If the post replaced that with: 'most of the thinking about this seems like magical thinking and that's driving the money and attention this is getting' then it would have worked better.

Marginally okay parts/tl:dr for the post:

we want decentralized decision making? how about casper writing its product strategy and inviting a customer base of 100 to add feedback to the document. or posting the document publicly and seeing what happens? no new tech needed, a google doc works great. we want more people to have access to equal opportunity and get involved? how about more content that translates startup lingo into colloquial language? how about more companies sharing their internal ops like a gitlab? how about a comprehensive guide on how to assess a market — and to make it more challenging, a step by step guide that an 8 year old could understand and use to launch his/her own startup. 

...

it feels like web3 is moving us away from quantitative models (like that step by step guide pr better incentives at airbnb aka web2 low hanging fruit) by telling us stories (a new dream of the internet utopia) about better quantitative models (this new type of technology). the whole thing feels unbelievably absurd.