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Crypto Is the Only Credible Countervailing Force to the Increasingly Monopolistic Power of These Incumbents
A key question I think about kind of the power consolidation in tech is network effects are an incredibly powerful force. A key difference with crypto and as punk was saying, and open C is the network effects accrue to a community instead of to a company. Because of that, open C is just similar to sort of an email provider. An email provider like Outlook or Gmail, they don't control the network. They provide access to it. And that's a very important concept for analyzing kind of monopolistic power on the internet. The blockchain crypto web three movement is the only credible countervailing force right now," he says.
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