There are essentially no applications that require email. We should just stop doing email verification altogether. If you need to have a separate communication channel with your user just establish that separately after signup.
Then we're all doomed. Regulation has proven they have neither the interest nor capability to do anything about it, GDPR being the perfect example which have achieved nothing more than make Web2 more annoying to use.
> If the answer to killing the ad funding business model was individuals pay directly it’s going to face a steep uphill
Indeed, we tried that and it failed, so we need something else.
Blockchain will probably fail because the narrative has been taken over by greed and NFTs.
But Web3 will fail because the tech world seemingly (as evidenced by the comments here) have no interest in solving the problems of Web2, rampant privacy violations, predatory business models and advertising. The answer to all these problems by HN is ”no one cares about privacy so it’s not worth solving”.
Monopolies like Google and Facebook exist because of advertising. Remove advertising and they don't exist.
The fact that they're processing a lot of data is in large part because they need to for advertising.
Still, your understanding of blockchain tech is misleading here. Ethereum is public key registry at best and is not and should not be used to store or process data.
In a blockchain world you can still have service providers, but the user is the one with the power, not the service provider. Users are free to switch service providers as they see fit because their identity and data isn't tied to a single company.
If it has dependency on capital investment, it's not blockchain tech. Like almost by definition. Unless you adopt a super dumb idea of "blockchain = linked list". If you're talking about more than the data structure then what you're saying makes no sense.
You are using a very different meaning of centralisation and decentralisation than blockchain people do.
That's neither here nor there though.
The way you kill Facebook, Google and any Web2 company is to kill their business model. These are all 100% ad-funded businesses. Kill the advertising funded internet and these monopolies categorically die with it.
The only _attempt_ I've ever seen at addressing the issue that all the major websites are ad-funded has been within the blockchain space. Show me any other realistic alternative to ad-funding and I will happily adopt it.
The idea that blockchain tech is somehow invented out of nothing and then we search for a problem to match couldn't be further from the truth. Talk to anyone who works in the industry and they're trying to solve a problem.
I used to work in blockchain tech and the main problem I was focused on was "How do we prevent internet monopolies like Facebook and Google?".
If you don't see those monopolies as a problem, then you're disagreeing with the problem space, that doesn't make it "trying to find a problem".