Decentralisation is the solution against network-effect monopolies.
▻https://hackernoon.com/decentralisation-is-the-solution-against-network-effect-monopolies-904d9
Decentralisation is the solution against network-effect monopolies. But do we really understand the true cost?Strong network effects that monopolise humanity are one of the biggest threats of technology. It started with the physics waking up to the nuclear bomb. Chemistry waking up to the chemical weapons and the biology with it’s bio weapons and gene editing.Tech just had it’s first encounter with abuse of central powerThe world’s largest democracy getting hacked has spooked everyone and #blockchain might seem like a default answer. But with more power comes even greater responsibility. The world is still considering the money laundering implications of crypto currencies. All the world leaders have spent considerable effort in the last few decades to cut off funding for terror, drugs, (...)