INSUBCONTINENT EXCLUSIVE:
Web3, the still hazy term for blockchain-based, decentralized systemsFresh off relinquishing the chief executive reins of Twitter Inc.,
Bitcoin enthusiast Jack Dorsey has taken to the service he co-founded to voice his displeasure with so-called Web3 technology and the
involvement of venture capital firms like Andreessen Horowitz.Web3, the still hazy term for blockchain-based, decentralized systems and tech
that are meant to replace the internet as we know it, has garnered much attention and funding this year, with Andreessen Horowitz being
among its loudest cheerleaders
Trading of non-fungible tokens, or NFTs, on the Ethereum and Solana blockchains has been the most visible manifestation, with many companies
hinting that it's held under the control of the VC firm founded by Marc Andreessen and Ben Horowitz, commonly contracted to a16z.Earlier
in the day, Dorsey, whose Block Inc
B that Bitcoin will replace the United States dollar
The series of tweets and responses from the former Twitter boss on Monday stirred disagreement and debate on the service, with a16z General
