More Truth: What We3 Was Chasing & What Got Away
summary
Argues that Web3 has shifted from a world-making stack to a techno-financial substrate prioritizing automated transactions over social care, documenting that market cap $2.25T funds arbitrage-heavy activity while 80% of stablecoin transactions are not payments, per a 2025 IMF study. Notes projects linking ecology to tokenized value (Sovereign Nature Initiative) lost funding, naming the labor harms as self-sovereign exploitation, and calls to reorient protocols and capital toward sustaining communities and non‑computable values.
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chapters (10)
- 0:00The evolution of Web3
- 2:57Tunnel vision of tech
- 3:54Web3 as worldmaking
- 6:36The crisis of sustainability
- 8:48Truth and legacy systems
- 10:39Transactionalism critique
- 13:46Arbitrage and value creation
- 16:46Sovereignty and the social
- 19:15A call for re-enchantment
- 21:31Q&A and closing thoughts
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