Content
@
0 reply
0 recast
5 reactions
Paper Street Capital
@paperstreetcap
Why Decentralization? The answer comes in two books, The Master Switch by Tim Wu (2010) that dovetails perfectly into Read Write Own by Chris Dixon @cdixon.eth. I think anyone interested in the "why" of blockchain and decentralization, these two books as a whole provide the much needed color.
1 reply
0 recast
2 reactions
Paper Street Capital
@paperstreetcap
Tim's book is a deep dive in technological history within the US, which perfectly portrays how new technologies tend to start decentralized and naturally gravitate towards centralization. This occurs almost always by way of regulatory capture and at the expense of innovation and technological progress.
1 reply
0 recast
0 reaction