How the blockchain will break up Big Tech

When you have an internet service that serves hundreds of millions or billions of people, there is a huge asymmetry of power and knowledge between the service provider and individual users. To fix this, you’d want a system that provides a way for users to organize and act collectively. You’d want users to receive a straightforward digital represent... See more

The trillion-dollar question is which companies will be the giants of the coming web3 era. What does blockchain commoditize? What does it make abundant? Who is in a position to become a gatekeeper in a world of such abundance

This interpretation stands in contrast to the claims that web3 advocates make. They claim that web2 is a centralized mess dominated by technology megacorporations and web3 is now about content ownership. In order to achieve these goals, they must create an entirely new operating model for the web, one built on the blockchain. Blockchain is in effec... See more