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This was the best read on web3 that I’ve seen yet. I’m definitely excited to play around with it, but I agree with many of Moxie’s points, especially around the promise of decentralization diverging from the hyper-centralized reality we see today.

I’ve been stewing on a thought experiment. Diaspora was aiming to be a decentralized Facebook competitor. I can see this project (or similar ones) gaining a foothold in the web3 space. But if social events are on chain, some of which might contain PII, how would such a service securely store fragments of data like this on random computers?



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