The Web3 revolution is here, and the potential for the disruption it brings has the world of business, finance, and marketing talking, but with that comes many buzzwords. No one seems to know what they mean, and it’s not just marketers who are responsible for this phenomenon, but also entrepreneurs, investors, and even developers who are jumping on the bandwagon and branding themselves as “Web3 experts”.
Why are People calling Themselves Experts when they don’t have a Clue?
Recently, we’ve seen an explosion of so-called experts popping up everywhere. And while there’s nothing wrong with being an expert in your field, the problem arises when people start calling themselves experts without having any expertise to back it up.
This is a dangerous trend because it leads to much misinformation being spread around, and it can also make it harder for people who are experts to be taken seriously.
So why are people doing this? In many cases, it’s simply because they want to jump on the latest bandwagon and be seen as someone who is “in the know.” But in other cases, it may be because they genuinely believe they know more than they do.
There are plenty of other sources of information out there that you can rely on. Whatever the reason, it’s essential to be careful about whom you take advice from online. If someone claims to be an expert but needs to know what they’re talking about, it’s best to steer clear.
The Dangers of not Knowing what you are Talking About.
With the rise of social media, it’s easier for people to share their thoughts and opinions on various topics. However, just because someone shares their opinion online doesn’t mean they are an expert on the subject. Jumping on the Web3 trend and calling yourself an expert can be dangerous.
Here are some dangers of not knowing what you are talking about:
1) You could mislead people.
If you claim to be an expert on something when you’re not, you could inadvertently mislead people. Misinformation can have serious consequences, so it’s essential to be sure that you know what you’re talking about before sharing your opinion with others.
2) You could damage your credibility.
When you claim to be an expert on something and then it turns out that you’re not, it can damage your credibility. This is especially true if you’ve been sharing inaccurate information or giving bad advice. Once your credibility is damaged, it can be challenging to regain the trust of those who have seen you make mistakes.
3) You could make yourself a target for criticism.
If you’re constantly putting yourself out there as an expert in web3 and you’re not, you will eventually make a mistake. And when you make a mistake, you become a target for criticism. This criticism can come from people who disagree with you and think you’re a fraud. Either way, it’s not pleasant.
How to be an expert in Web3?
If you’re looking to become an expert in Web3, there are a few things you need to know. First and foremost, Web3 is a constantly evolving field, so it’s crucial to stay up-to-date on the latest developments. An excellent way to do this is to follow key thought leaders in the space, like Dr. Keir Finlow-Bates or Theo Priestly, and read their social media posts and articles. Additionally, getting involved in the community and participating in online forums and discussion groups is essential. Finally, consider attending conferences and meetups related to Web3 so you can network with other experts in the field.
The Web3 bandwagon is becoming increasingly popular, but it’s important to remember that only some people who jump on it are experts. There are dangers associated with calling yourself an expert when you’re not, including losing credibility, damaging your reputation, and even getting sued. If you need clarification on whether you qualify as an expert, it’s best to err on the side of caution and refrain from using the title.
Rocco Strydom is the Founder of SGM Holdings – finance, energy and media and is the host of the
SGM podcast based in South Africa