If blockchains don’t enable money, they enable disintermediation. Thus, in a p2p framework, the value flows directly to consumers, closing the previous “rent” arbitrage. Seems like only governance protocols can capture that value migration due to their superadditive nature.
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Exactly, the question is can that value migration still be captured by the service provider (disintermediating blockchain) or is it “lost” to consumers? If yes, what format? Governance seems promising
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