* The #crypto revolution didn’t sell out. It was never structured to avoid being bought. *
"This pattern is older than crypto, and bigger than it. Every #distributedsystem humans have built drifts, over time, back toward a centre. #Blockchain governance concentrates into plutocracy as capital concentrates. #Mastodon develops admin hierarchies. #Wikipedia evolves an entrenched editor class. #Opensource defaults to benevolent dictators. The internet’s protocols are decentralised at the wire level; the application layer that sits on top is owned by five companies. Distributed systems hold their distributed form only while their design actively resists re-centralisation — at every layer, all the time."
https://decent.holoventures.io/01-the-revolution-that-wasnt/
