“Some of the stuff is so stupid, and you just can’t help but laugh,” molly0xFFF says. She's been busy during crypto winter, journaling the hilarity and havoc in Web3 with web3isgreat. MostInfluential2022, presented by bitstamp:
And now with the meltdown of FTX, the icy panic of crypto winter and the latest drumbeat of crypto is dead, Molly White and the skeptics are having their moment.In 2006, 13-year-old White enjoyed riding unicycles. She now describes it as one of her “really weird hobbies;” others would include creating Twitter Bots – like one that automatically added the word “cyber” to random nouns in headlines, making it sound like an uninformed tech journalist.
What started as a lark turned into a passion. “As time went on I realized how important it is to have high-quality information available to people for free,” says White. You didn’t need to spend hundreds of dollars for an Encyclopedia Britannica. You didn’t need to live near a library. All you needed was the internet. “This feels so critical to sort of moving the world forward,” she says.
She kept editing the pages. In total White has edited 100,000 Wikipedia articles, although she’s quick to point out this estimate is hard to quantify and “not really meaningful” because sometimes a simple click of “revert to prior version” can count as an edit. So she would research what happened. White did what she has done for her entire adult life – she tried to track down sources, investigate and gain command of the subject. Except Web3 sources were tough to find. She scrolled through an endless stream of press releases that, as she describes it, were all about “this huge potential for Web3 and how you should definitely pay attention to it” but “never would say what Web3 actually was. You couldn’t just get a two-sentence description.
White acknowledges that the intentions of the project could be innocent, but argues that good intentions are not enough. For her, that’s a global theme in crypto. “I think there are a lot of people who are running these crypto projects who genuinely believe in what they’re trying to do, and have good intentions around empowering artists,” says White. “But I also think that it’s really important to pay attention to the impact, as well as the intention.
White didn’t think Web3isgoinggreat would get much traffic. But the site quickly found eyeballs and traction from HackerNews and “Buttcoin,” a crypto skeptic subreddit. People began to notice.
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