Monday, October 23, 2017

Economics - follow Nature's strategy of Biodiversity

Byzantium hard fork and second-layer solutions lIke Plasma are expected to create a more efficient
ECO-SYSTEM for DECENTRALIZED applications.
I just do not understand why everybody does not see the CHANGE (and direction) happening.

Since the Industrial Revolution, growth has been driven by the Information Economy. Knowledge, Information & Culture flourished but that growth was Industrial - it cost big money for Newspapers, Telephone, TV - Infrastructure.

Radical CHANGE has occurred in the way Information has been captured & processed.
Ownership has been radically DISTRIBUTED into the hands of 1 billion people (eg Apache chosen for the Internet instead of Microsoft.)
Decentralized Social sharing & exchange is winning because -
Authority and Capacity to Contribute have been given to the people.

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