What Jack Dorsey’s Beef With ‘Web 3′ Is Really About

But in his Bitcoiner ferocity, Dorsey may have missed the subtler compromise position that is relatively common in the crypto industry. Everyone who’s really paying attention recognizes that Bitcoin is a rock-solid and transformative technology – but many also keep their minds open to the idea that less cosmically robust systems may have real applications and benefits, too. Do you really need an entirely censorship-resistant blockchain to manage profile pic NFTs or your multiverse robe and wizard hat? Do purpose-built blockchains like Flow really threaten Bitcoin?