RE: Disruptive technologies, speculative capital, and Thinking Big about Steemit

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Disruptive technologies, speculative capital, and Thinking Big about Steemit

in investments •  9 years ago 

Yes, I agree. The internet was supposed to be the first decentralized technology and seems to have failed. It did manage to demonstrate disruptive P2P marketplaces of which Uber, Seamless, Airbnb, YouTube, etc. are great examples.

Ultimately those models tend to be less efficient than is possible because they still very much incorporate middlemen platforms and extraneous economic players (like advertisers). It will be interesting to see if decentralized platforms can provide the ultimate efficiency.

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@jbrukh, I was going to mention Uber and AirBnB as other examples furthering the decentralization idea, or at least being disruptive enough to further along the ideas of truly decentralized ideas like Open Bazaar, Open Ledger and now STEEMIT.