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A sceptic’s guide to crypto: bonus interview with a16z’s Chris Dixon

FT Tech Tonic

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I Think It's Good for Creative People to Make Money on These Services

I don't think any of us, including my partners, expected that the outcome of web three would be like a very centralized internet. The key feature that i think is relevant to your audience is that you can now build new social networks and ways for craters to monaties. And so this is whatull hear people talk about decentralization as essentially you're pushing money and power out to the nodes of the network. It's bad for creative people who try to make money using these services. They basically share very, very little of their revenue with ther with the people that create all the content on these services.

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