1. Aiwaka AdventuresHome
  2. Digital Disruptors

Tim Berners-Lee on Cryptocurrency and the Future of the Internet

• Digital Disruptors • 82 views

It is reported that Tim Berners-Lee, the founder of the World Wide Web, said in the CNBC podcast Beyond The Valley that cryptocurrency is dangerous and compare…

Tim Berners-Lee on Cryptocurrency and the Future of the Internet

It is reported that Tim Berners-Lee, the founder of the World Wide Web, said in the CNBC podcast Beyond The Valley that cryptocurrency is dangerous and compared it to gambling. Berners-Lee said that digital currency is only speculative. At the same time, Berners-Lee also said that the future of the Internet is Web3.0, not blockchain or Web3 (Web 3.0 is his own proposal to reshape the Internet). （CNBC）

Tim Berners-Lee, founder of the World Wide Web: The future of the Internet is Web3.0

Analysis based on this information:


Tim Berners-Lee, the founder of the World Wide Web, recently commented on his thoughts about cryptocurrency in a CNBC podcast, Beyond The Valley. According to the podcast, Berners-Lee said that cryptocurrency is dangerous and compared it to gambling. He suggested that digital currency is only a speculative asset, and therefore, is not trustworthy or reliable. This statement comes at a time when many people are investing heavily in cryptocurrency, such as Bitcoin, and are debating its future role in the global economy.

Instead of embracing cryptocurrency, Berners-Lee proposed that the future of the internet is Web3.0, which is a term he coined to refer to his vision for a new kind of internet. He believes that Web3.0 will be a decentralized network that is open and accessible to all users, without any central authority controlling it. This contrasts with the current internet that is dominated by big tech companies like Google and Facebook, which are prone to censorship and data exploitation.

Berners-Lee also spoke about blockchain technology, which is the foundation of cryptocurrency. He noted that while blockchain has many potential applications, it is not the same as Web3.0. Blockchain is a distributed ledger that can be used to record transactions and information in a secure and transparent way. However, it is still reliant on centralized entities, like miners or nodes, that validate transactions and maintain the network. Web3.0, on the other hand, would be a truly decentralized network that does not require any intermediaries.

Overall, Berners-Lee’s comments on cryptocurrency and the future of the internet demonstrate his skepticism towards new technologies that are not aligned with his vision for a more democratic and decentralized society. He believes that cryptocurrency is not trustworthy or reliable, and that it is only a speculative asset that carries a lot of risk. While some may disagree with his views, it is important to consider the perspective of someone who has played a pivotal role in shaping the internet as we know it today.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/02/20/tim-berners-lee-on-cryptocurrency-and-the-future-of-the-internet/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/20/2023 06:24
Next 02/20/2023 06:40

Recommended articles