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You’re merely replacing old masters with new. There’s a ton of VC money flowing into “web3”, because they’re replaying the same game of adding a service on top
by pornel 5y ago
You’re merely replacing old masters with new. There’s a ton of VC money flowing into “web3”, because they’re replaying the same game of adding a service on top of an open protocol to capture and centralize it.
- jka 5y agoI think they're the old masters and they want to become the new ones over a larger landscape. They know the "limitations" of the existing model (the ways in which it is not centralized) -- as do many others -- but they want to lay a claim to some of the solution. To do so requires twisting reality in ways that involve huge sums of money to create distortion fields.