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@naval 2/ ICOs getting more attention but decentralisation is the real deal. Most of the ICOs shouldn't be happenning.
@naval 3/ Big benefits of blockchain's decentralised network governance are: censorship resistance, open development and owning your data.
@naval 4/ Fundamental usecases exist around decentralising money, identity, data storage, social networks, media etc
@naval 5/ Some shifts could be foundational. Lots of valuable cos got created during the dotcom bubble too (Google, Amazon, Craigslist).
@naval 6/ Good for users but not make lot of money from an investor's perspective. But in 20 years Satoshi could be richer than Bezos!
@naval An open question I have often wondered about: Who will capture max value in the blockchains? Or will value capture also be decentralised? :)
