The skiff situation is a good reminder of why decentralized ecosystems are so valuable.

Challenge question @dwr.eth @v : how far along is Farcaster in this regard? If hypothetically your team got acquihired by Facebook (or Tencent, or...) tomorrow, how well would the ecosystem be able to keep going?

true decentralization is about more than just decentralizing the stack. it's about the distribution of power, which means decentralizing the human/social elements of the entire ecosystem as well.

so if the governance
and the economics are not also decentralized, be wary.

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exactly! and that's what makes these systems more fragile

Absolutely agree with that. Everyone is talking about the tech, but if the same small set of people are involved & shaping the conversation, decision making is centralised.