Chris Dixon: Decentralized blockchains poised to disrupt big tech's dominance
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Chris Dixon believes decentralized blockchain platforms will eventually overtake today's big tech companies like Meta, Alphabet, etc.
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He argues the S-curve illustrates how open networks often get extracted into closed corporate platforms over time.
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Blockchains allow for new ways to design governance systems and incentive structures compared to traditional tech.
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Regulation brings uncertainty that deters entrepreneurs and innovation in crypto; we need policies embracing new tech.
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The next 10 years could see a chatGPT or iPhone moment if crypto sees major adoption beyond speculation.