,
3 tweets,
1 min read
Read on Twitter
Decentralize or be nationalized. That’s the long term choice for major tech cos. China is already there, as Tencent/Alibaba are de facto state controlled. In the West, it may be done through licensing/antitrust/regulation vs outright seizure. The only alternative may be on chain. 
As a rough analogy, Adobe — the ultimate desktop app vendor — had to migrate much of its infra to the cloud in order to survive. It did so at great difficulty & ultimately thrived. Analogously, many cos may need to migrate to decentralized backends. The chain, or the leash.
As noted, these trends are long term. Blockchains can’t yet scale to handle moderate amounts of traffic on-chain, let alone GAFAM volumes. But web apps were similarly technically constrained in ~2000 relative to desktop apps. A lot will change in 10-20 years in terms of scaling.
