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Very insightful article, thank you. So the cycle is: - problem exists - quickly centralized solution to problem appears - new problems appears - slowly dec
by fwdpropaganda 8y ago
Very insightful article, thank you.
So the cycle is:
- problem exists
- quickly centralized solution to problem appears
- new problems appears
- slowly decentralized alternative solution to old problem appears
- repeat
I would add that it seems that the big winners are the ones coming up with centralized solutions. The inventors of decentralized solutions don't have nearly as great rewards.