Tim Berners-Lee is credited with developing the World Wide Web in1989 But he has actually been disappointed with the method his initial vision for the web has actually worked out.
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Tim Berners-Lee, the developer of the World Wide Web, called cryptocurrency “dangerous” and compared it to betting in an episode of CNBC’s “Beyond The Valley” podcast released last Friday.
Discussing the future of the web, Berners-Lee stated digital currencies are “only speculative” and compared it to the dot-com bubble, in which web stocks, frequently without a strong service behind them, were extremely pumped up.
“It’s only speculative. Obviously, that’s really dangerous,” Berners-Lee informed CNBC. “[It’s] if you wish to have a toss out of gaming, generally.”
“Investing in certain things, which is purely speculative, isn’t what, where I want to spend my time,” he included.
Berners-Lee stated, nevertheless, that digital currencies might be helpful for remittances if they’re instantly transformed back into fiat currency when they’re gotten.
The British computer system researcher is credited with developing the World Wide Web in1989 But Berners-Lee has actually been disappointed with the method his initial vision for the web has actually worked out. Alongside John Bruce, Berners-Lee is aiming to improve the future of the web through his start-up Inrupt, with the goal of providing individuals more control of their information. Both talked to CNBC’s “Beyond The Valley” in a comprehensive interview about the future of the web.
Future of Web 3
Many advocates have actually discussed the future of the web in regards to Web 3, a catch-all expression without any clear significance. But advocates frequently state this variation of the web works on blockchain innovation which initially originated with the cryptocurrency bitcoin. Web 3, some state, is a decentralized web that removes some power from giants like Facebook and Google.
But Berners-Lee stated the future of the web is “Web 3.0,” which he identifies from Web 3. Web 3.0 is his own proposition for improving the web.
“It’s not blockchain,” Berners-Lee stated, recommending the innovation isn’t quick or safe and secure enough.
