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you mean because of the crypto rewards model? We appear to be entering the early stages of an era of splintering into dozens of locations to interact again and
by olivermarks 9y ago
you mean because of the crypto rewards model? We appear to be entering the early stages of an era of splintering into dozens of locations to interact again and away from the giant centralized networks
- loceng 9y agoThat's part of it. The problem relating to centralized networks is trust or the lack thereof. Forcing or pressuring for collaboration through incentive structures - that are structured as Pyramid-Ponzi schemes - is highly successful early on because of the potential reward, relatively little risk individually. This kind of incentive structure however promotes all kinds of bad behaviour, which can only be managed through a central-trusted governance - so then we're back to square one.