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> With the profit motive taking over the internet, the very nature of innovation changed. Averting risk dominated the direction of technical progress. We no longer pursued “moonshots.” Instead advancement came via baby steps — “design me a 5% faster Bluetooth connection” as opposed to “build me an internet.” An online community that had once been convivial transformed into one of competition, antagonism and extremism.

This cycle is perhaps fundamental to all __human__ inventions and core to the theory of disruption.

This played out out the same way with Bitcoin. Ethereum had to step in to disrupt that cycle and as ETH grows to that size, some thing else needs to come in and disrupt. Same holds true for IBM > Google > Facebook > ...




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