kaal:claim:3411897-038
Historical evidence demonstrates that every time decentralization emerges in a given industry, profit margins disappear.
Source quote, verbatim
Historical evidence has demonstrated that every time decentralization emerges in a given industry, profit margins disappear.
From
Wulf A. Kaal, Decentralization - Past, Present, and Future (2019), Part 3: The Future, How to Make Money in Decentralization, p. 41
https://ssrn.com/abstract=3411897 · source PDF
Cite as
Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897
Holds when
Classification
empiricalsupport: arguedinnovationdecentralizationdefieconomics
Related claims
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