> Web3: read-write-own

Web3: read slowly - write slowly - vague claims of "ownership" limited to particular blockchains each with no authority over anything off-chain.

But hey, smart contracts allow a long chain of intermediaries to bleed a percentage off all transactions.

How do I own? I mean I realise I can buy NFTs which I guess are "web3" but then I can buy a bunch of stuff on the normal web including stock in facebook etc.

This is a nonsense meme. I used web message boards like ezboard in 1996.

I do care if that data gets leaked or if that data is used by third party companies for things I have bought and I do not want them to know. Why should a bank do my credit scoring based on my what am watching on Amazon or what books am I reading

people enjoy reading and writing more than they care about owning their data. I don’t care if my Amazon purchase history is on Amazon servers or mine.

This is a very cool description! Hits to the point

Web1 was not read only. If we do not consider things Geocities - phpBBs and others were before web2.