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Coinbase and How Web 3.0 Is Different (117)

The Tech Strategy Podcast

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Decentralization Is a Big Problem in a Competitive Service

In some businesses, they are at such a disadvantage to compete because of their decentralization. But in other situations, like bit coin, well, when you set up the rules of bit coin, it pretty much runs on his own. It's a pretty simple service. So that decentralization is a a plus, but it really does mean you are operating without the ability to have active, aggressive management that can make decisions and execute. You're removing that ability that's a big problem in running a competitive service. Anyways, so that's kind of how to think about a i think, where we are to day, in my opinion. Ok. O the whole point of this is you

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