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0 pointsjoshmanders3y ago0 comments

> The cycle can only break by decentralized protocols.

I disagree. The cycle can break by breaking up the monopolies so that one company doesn't control everything, and allow free market to expand.

Competition keeps people from being evil. Evil only happens when there's no reason for them to NOT do evil things.

Google was fine until they became the top dog and nobody could even compete.

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legutierr3y ago

Decentralized protocols are the competition you are looking for.

The only alternative is regulatory intervention, which is unlikely to happen, however much you may want it to happen.

dizzant3y ago

> Competition keeps people from being evil. Evil only happens when there's no reason for them to NOT do evil things.

I don’t agree. People generally don’t steal, but if they have no food, they will resort to theft to survive. Competition can prevent some ill effects of monopolistic tyranny, which I think is what you’re getting at here, but it breeds other evils.

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