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Overthrowing The Network State: Untangling Balaji's Helical Theory of History

The Blockchain Socialist

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Web 3 - What's the Reality?

In Web 3, what we actually see is a massive centralization and glomeration of delegate voting focused on one particular entity. We're not dealing with super sophisticated governance here. And other kinds of issues, thinking about commodity fetishism. Some of this is that gold bug kind of stuff that we see with Bitcoin.

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