Wietse Wind сommented on Binance CEO’s Web3 statement

Developer Wietse Wind сommented on Binance CEO’s Web3 statement.

Developer Wietse Wind on Twitter commented on Binance CEO’s statement about Web3. The statement itself was:

Before Web3, you work hard for your money, and they keep on diluting it afterwards. After Web3, let them dilute their money, let your hard money (crypto) work for you.

Wietse Wind replied to this:

It’s funny how everybody looks down on the fiat money printer and inflation it causes, but when it’s crypto “web3” with unsustainable yields and free flowing supply dilution, dilution through airdrops, suddenly it’s all cool and the sustainability (tokenomics) is not an issue. The crypto space seems to be in ignorant bubble at times. If “we” (the crypto space in general) would look at ourselves we’d realize a lot happening is quite foolish. Looking forward to when that changes, because right now I’m ashamed to tell to people I’m doing something crypto.