social

In web2 you delegate control of your data to a single company, but at least you typically have privacy controls as a user 

In current decentralized social paradigms you completely surrender control of your data - it’s free for all

This is actually an ownership *downgrade* if you ask me

hottakes

Putting your data on a public protocol is not "owning your data".

Had a similar thought a while back. https://farcaster.xyz/polluterofminds/0x3c74a65a

thank you 
i’m usually shadow banned for less
than endeavoring to explain
to the onchain gang 
that open data 
is in some respects 
is actually worse 
for privacy 
that closed data controlled
by one contractually 
bound to protect your data

for me it is an upgrade in the sense that it disrupts the old untrustworthy guard. web3 has much to grow to match the ux and feature set

I agree 

We are enjoying openness currently with blockchain 

We need privacy solutions as soon as possible

Privacy first blockchains and zk proofs ftw

Finance will never fully uptick on chain. 

It’s a downgrade.