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Network Effects, Moats, & the Business of web3

web3 with a16z crypto

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The Effect of Web Three on Economic Behavior

Scott: I feel like in economics, especially for actually more precisely economics applied to technology behaviors and software in particular, because that's where things really get kind of jiggered up. He says he doesn't have a coherent or complete economic theory around this but his rough instinct is that what we see in web three is what you might call like expanding returns. Scott: Maybe we'll do that in a, in a future episode.

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