Web3 by itself is not a real danger because anyone who looks at it objectively can see that there's nothing there worth working on.
What does make web3 a real danger is the amount of money behind it. VCs and wealthy tech influencers and billionaires are pushing it because it's an easy way to scam retail investors out of their money in ways that would get the SEC breathing down your neck if crypto and web3 weren't largely lawless territories at the moment.
In a lot of ways the aspect of the web that web3 actually builds on is the lawless "wild west" spirit that legislations have been finally trying to clamp down on in the past decades. The only technical innovation happening in it is the equivalent of software patents for existing technology but "on a computer" (or in this case "on the chain").
Even the crypto enthusiast tech nerds cheerleading the technology because they currently (or initially) make money by sitting comfortably near the top of the pyramid scheme will likely be screwed over and lose everything eventually, but until then they're going hand in hand with the grifters who know better than retain any actual stake in the ecosystem by the time it collapses.
What does make web3 a real danger is the amount of money behind it. VCs and wealthy tech influencers and billionaires are pushing it because it's an easy way to scam retail investors out of their money in ways that would get the SEC breathing down your neck if crypto and web3 weren't largely lawless territories at the moment.
In a lot of ways the aspect of the web that web3 actually builds on is the lawless "wild west" spirit that legislations have been finally trying to clamp down on in the past decades. The only technical innovation happening in it is the equivalent of software patents for existing technology but "on a computer" (or in this case "on the chain").
Even the crypto enthusiast tech nerds cheerleading the technology because they currently (or initially) make money by sitting comfortably near the top of the pyramid scheme will likely be screwed over and lose everything eventually, but until then they're going hand in hand with the grifters who know better than retain any actual stake in the ecosystem by the time it collapses.