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Lemmy and Mastodon feel like the real web3.
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Yeah I definitely agree -- you summarized my feelings nicely.
I would also add that as exciting concepts/technologies grow and commercialize they tend to become more subject to noise and self-interest interfering with some of their higher order "platonic" (ideal) forms. I fundamentally think that the more federated/decentralized a service can be, the better its original purpose and perfect form can be maintained. Practically I do think it's challenging for both currency and link aggregation to be properly decentralized, but I think both Bitcoin and Lemmy are inherently beautiful implementations if you strip them down to their core.