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Money, power, politics, and the internet's next battleground

web3 with a16z crypto

CHAPTER

Evolution of Networks and Blockchains

The chapter explores the evolution of internet networks from Web2 era to the rise of blockchains, emphasizing the democratization of information consumption and publishing. It discusses the contrast between centralized internet services and blockchain networks, highlighting the benefits they offer to network participants in various sectors like finance, social media, AI, and NFTs. The conversation delves into the philosophical and historical perspectives on AI, central planning, communism, and blockchains, drawing parallels to economic theories by Hayek and Mises.

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