Web3 Faces Its Own Joe Rogan Moment

Welcome to Bloomberg Crypto, our twice-weekly look at digital currencies, blockchain doings and more. If someone forwarded this to you, sign up here. In today’s issue, Emily Nicolle explores the thorny issues around free speech and privacy in a decentralized world.

For the crypto faithful, web3 offers a gateway to a decentralized utopia: There’s no Big Tech monopoly, Big Brother can’t watch you and, most importantly, all are welcome irrespective of wealth, social class or point of view. But like anything involving the real world, things can get complicated.