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RE: Juggling Steem and Hive during times of Steem Upheaval

in #cryptocurrencylast year

The thing about Web 2.0 and the legacy economy is that anyone who builds anything of value needs to capture value from their product. Otherwise they won't make any money.

With crypto and Web 3.0 this is no longer the case. If you have a big enough stake in a decentralized product you can simply create value for the product and you automatically make money (and so does everyone else). Over the next ten years it will become much more obvious that the business models blockchain can get away with are completely incompatible with how corporations, governments, banks, and all other centralized agencies do things.