The Problem With Network Effects

I just find it ironic when we're talking about technologies that are supposed to close trust graphs that for many of them to actually work there has to be a trust that in some senses unearned. So I guess when we're dealing with speculation it's difficult to even say where the line is between valid trust and speculative trust if you know what I'm trying to say. Yeah I do. There's some structural pieces to that that one could address which is how do people acquire network effects? So and is that a feature of the last era and also some of the behaviours are a feature of that era. The problem of web 2 is that it needs vested interest capital in order to buy a network