Web3, NFTs and cryptocurrencies are terrible and should be avoided

Grow Your Own Services encourages people to make their own online services and help decentralise the internet. This is in the traditional sense of the word “decentralise”, where a network is made up of lots of independent providers connected together. Traditional decentralisation is a proven, sustainable and sensible structure, and we know it works because it’s been used for centuries: postal services, telegraphs, telephones, email and the world wide web are all based on traditional decentralised networks.

These “web3” schemes are snake oil which everyone should avoid. They make a small number of people richer while simultaneously destroying the environment, assisting criminals and making the rest of us poorer. They will never be featured on this site.

As well as helping crooks and destroying the planet, “web3” is also corrupting good people into doing terrible things.

Many people who bought into cryptocurrencies/tokens/coins/NFTs have lost lots of money and want to get out, but cannot find someone to buy them out. They then desperately try to promote the cryptocurrency (or token/coin/NFT etc) that they are trapped in, in the hope of convincing someone else to buy them out and take their place. They don’t care that someone else gets trapped, as long as they can escape.

This is why this site rejects anything to do with “web3”.