One point on monopolies is, once there is a paradigm shift they are too big to move fast and will probably get behind. While things are the same the economics of scale will favour the larger players and create monopolies. When things change (technology, behaviour, values) the larger you are the harder to change and adapt.
Listened to nostr:npub1c878wu04lfqcl5avfy3p5x83ndpvedaxv0dg7pxthakq3jqdyzcs2n8avm chatting to nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx this week
So much good stuff
I liked the challenge of Austrian Econ in regards to inevitable monopoly (I am sure there is an answer, I need to research it)
But most of all was the simple highlight of the flip of how we build the internet on Nostr than before
Pre-Nostr:
Dumb client > Smart server
With Nostr:
Smart client > Dumb server
Or something along those lines…
Continuously amazed at how information, knowledge, wisdom, flows through a marketplace. The key: One has to be ready to receive it!
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