Episode 155 -You’re turned off by crypto. I get it. Rug pulls and bad user experience. But there’s still hope!

Good morning!  This Saturday morning I reflect on why people, and often times even myself, can't stand crypto and web3.  From rug pulls to bad user experience (UX) design, it seems like we have taken a step back in the name of lofty philosophical ideals of independence and financial autonomy.  Web 2 is soooooo easy!  But convenience is the tool of those who want total control and power.  So how do we get around the difficulty that web3 and the desire for sovereignty bring us?  This difficulty has let in the grifters and scammers to prey on those who are having difficulty learning the web3 language and interface.  Well, first of all, we need to call it out and admit that we are chasing people away and turning people off with our smug commands to DYOR (do your own research)!  After that, we need to figure out how we can make it so ANYONE can use web3.  The steps are being laid and the article I read in the 2nd half by Samantha J. Marin of Bankless DAO states the problem and solution in the most accurate way I can think of.  Thanks Samantha!

 

Sources:

https://freaksnguilds.com/

https://banklesspublishing.com/we-made-the-internet-hard-again/

https://www.justice.gov/opa/pr/justice-department-announces-enforcement-action-charging-six-individuals-cryptocurrency-fraud

https://www.justice.gov/criminal-vns/crypto-enforcement