@J12t Yeah, there is indeed some faith-based presupposing of the solution.

Also: some funds are so heavily invested in the major cryptocurrencies that they might want a new and positive story to tell to try to get the gold rush moving again. Decentralized social networks are a hot topic these days, so why not…

(Nevermind that Web3 has tried it many times before, for instance with the Lens Protocol.)

In fairness, Dixon has been beating this particular drum for 6+ years: davepeck.org/2018/08/16/revisi