Popular news aggregation and discussion website Reddit has changed its terms of service, allowing users to earn, purchase or sell currencies and items that can be cryptographically verified. The change in terms also explicitly outlined a clear separation in the definition of non-tokenized Web 2 virtual goods and tokenized Web 3 virtual goods, with a member of the Reddit product team disclosing plans to sunset the former.
In some ways yes, but current solutions arent always the best solutions. They aren’t always the most secure, or the fastest, or the most private, or the most trustworthy. With almost all main stream solutions, you have to trust some company, and then they have their fees, and sell your personal information to data brokers, and they try to get you in debt, etc. It’s not a solution looking for a problem, it’s a solution that isnt nearly as easy to use as current systems (yet), but all the hype has let scammers ride the wave.
Crypto is far from perfect, we have plenty of work to do, but don’t discount it entirely. There is a lot of smart people with good intentions working on the core technologies, that want to see a better world, me included. Definitely continue to be skeptical, but don’t write it off.
Just want to say that I wholeheartedly agree with you.