Dogecoin's developer, Billy Markus, takes a jab at Web 3 again

Web 3 is believed to be the next major step in the evolution of the internet. While there is much hype surrounding Web 3, not everyone is buying into it. Tesla’s CEO, Elon Musk and former Twitter CEO, Jack Dorsey, have previously made fun of Web 3.

Recently, the co-founder of Dogecoin, Billy Markus, took another jab at Web 3. In his recent tweet, Markus illustrated that Web 2 was better than Web 3.

Billy Markus make fun of Web 3

In a tweet published on January 17, Markus illustrated the difference between the conversations of a Web 2 customer and a Web 3 customer. He noted that while a Web 2 customer wanted value for money paid, a Web 3 customer wanted money.

Web 3 is a concept that seeks to integrate decentralization into the internet. Through Web 3, internet users will have control over their data. The concept will be powered by blockchain and decentralized ledger technology (DLT).

Markus has not given a solid reason why he fails to support the concept of Web 3. However, he is not the only popular individual in the crypto community that has attacked the concept of Web 3.

Musk & Dorsey are not fans of Web 3

Tesla’s CEO has also made fun of the concept of Web 3 in the past. In one of his tweets, Musk posted a meme showing that he was annoyed by Web 3 people that kept talking about the concept.

Musk later posted a tweet asking if anyone had seen Web 3. The tweet could be attributed to the hype of Web 3 dying down. Markus responded to this tweet with a GIF of a person presumably looking for Web 3 in a toilet, illustrating that the concept was undesirable.

The current CEO of Block, Jack Dorsey, has also attacked Web 3 in the past. Dorsey, who resigned as Twitter’s CEO towards the end of 2021, noted that the concept of Web 3 would just benefit venture capitalists and liquidity providers.

Following his tweet, Dorsey was blocked on Twitter by Marc Andreesen, a venture capitalist with Andreessen Horowitz. Dorsey shared a screenshot of being blocked by Andreessen, stating that he had been banned from Web 3.