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Is it really Web3, or should we be calling it Finance 2.0 instead? 🤔
There's an interesting debate brewing around what we're actually building here. The traditional narrative pushes 'Web3' as the umbrella term, but some argue the core innovation isn't about decentralization of the internet—it's about reimagining financial systems and markets.
Think about it: most of the real activity and value creation is happening in DeFi protocols, trading, yield farming, and token economics. The infrastructure innovations are undeniably powerful, but they're serving finance-first use cases.
Maybe Finance 2.0 better captures what's actually happening—a parallel financial system built on blockchain rails, with different rules, accessibility, and mechanics than traditional markets.
What's your take? Is the distinction just semantics, or does it matter how we frame this industry?