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I've grown not to take anything TC says seriously... but when they say that nobody's been talking about this: > Open networks keep growing even if individual p
by btown 13y ago
I've grown not to take anything TC says seriously... but when they say that nobody's been talking about this:
> Open networks keep growing even if individual participants fail.
... then they must have been burying their head in the ground for the past week. EVERYONE has been talking about that.
- balls187 13y agoThe article isn't from TC, it's from the CEO of CoinBase.
- eterm 13y agoThey're also wrong, open networks can die out. Usenet died out to proprietary forums, to the point where we've been left without satisfactory replacement. Email might not be dying out but it's being assaulted on all sides by proprietary messaging systems. Some of the largest recently acquisitions of companies have been proprietary messaging systems. One day we might be "stuck" without email in the way we're "stuck" without usenet and wonder how we got to that point. Bitcoin is potentially vulnerable to a more easy to use (or more easy to scale) proprietary version.
- philwelch 13y agoUsenet isn't gone; people just don't use it anymore because it became terrible.