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8/ Meanwhile, the rise of the "Sharing Economy" (Uber, Airbnb, Didi Chuxing, Bytedance, etc.) demonstrates that facilitating new markets is a multi-decacorn sector. And crypto is an @agoric technology to facilitate the creation of markets. https://e-drexler.com/d/09/00/AgoricsPapers/agoricpapers.html …
9/ (Aside) "Sharing Economy" is brilliant misdirection - the egalitarian lede “Sharing” obscures the fact that these companies fundamentally create “Economies”: they produce value by bringing informal, opaque economic resources and transactions into new structured marketplaces.
10/ So I see the next big phase of tech as "Markets Eating The World", and the most promising crypto companies as those working the agoric angle. Because after all, we need many new markets, but only a few new moneys. (Excerpt from a longer essay for future publication).
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