11 FEB 2022 by ideonexus
The Pattern of Decentralization-Centralization
There are two categories of true believers, in my mind. There are those who, for example, are building a new decentralized user-empowering financial system. And to them, history teaches us that there will always be new avenues for power to become centralized. In fact, the entire history of the computer industry was radical openness, which led to a lot of innovation, which later led to closing it down. For example, IBM released the PC specs. Everybody could build a PC. Michael Dell was a col...Look for where things are being centralized for where to bet on a technology.