Web3 is going just great
As someone building in web3, I&#x27;ll give an example. When I sold my first business, escrow.com wanted &gt;$20K for the domain transfer from godaddy. If you sell a domain on ethereum (ENS), the escrow requires only a smart contract and fees scale with the network so like $50 right now. I&#x27;m working on connecting the two.<p>Intermediaries are a huge reason the web is the way it is. If we can eliminate them, the internet looks very different. My biggest prediction is that fundamental protocols like TLS will altered to integrate with blockchain protocols.<p>Web3 isn&#x27;t just a scam or waste of resources. It will enable us to do things we already do but much cheaper than we do them now. Lots of smart people are flooding into the space. It will take at least a decade but it&#x27;s already happening.