Nearly everything that is faulty with blockchains, cryptocurrencies, smart contracts, NFTs, and the dweb/web3.
Update 2022-02-16:
Read on: tante: The Third Web:
Nobody is an island but the Web3 crowd wants to further individualize us, turn everything about our digital and ideally analog selves into objects for speculation with semi-automated trading of assets replacing politics. The full financialization and depoliticization of life with no regard for the ecological consequences.