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Its a marketing term in the same way web 2 is. That doesn't mean it isn't something new and useful though, just like web 2 was.
Web 2 as a term itself was coined much later when people needed to distinguish web 3 from status quo
What is a dApp? https://twitter.com/TylerJewell/status/1474468145704280064?s...
What are the investment opptys for an infra investor? https://twitter.com/TylerJewell/status/1474468607295832069?s...
What are various people saying about Web3? https://twitter.com/TylerJewell/status/1474468866101157889?s...
Earlier quoted context omitted.
Web 2 as a term itself was coined much later when people needed to distinguish web 3 from status quo
For users Web1: read only Web2: read-write Web3: read-write-own
Web3: read slowly - write slowly - vague claims of "ownership" limited to particular blockchains each with no authority over anything off-chain.
But hey, smart contracts allow a long chain of intermediaries to bleed a percentage off all transactions.
Earlier quoted context omitted.
Web 2 as a term itself was coined much later when people needed to distinguish web 3 from status quo
For users Web1: read only Web2: read-write Web3: read-write-own
Decentralization without blockchain has existed and worked for decades.
This is the absolute worst place to ask that question
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Crypto people do not seem to have endeared themselves to regular folk whose assistance will no doubt be needed to prevent such government intervention.
“Web 3” is just a giant VC-funded pyramid scheme.