Historical evidence demonstrates that every time decentralization emerges in a given industry, profit margins disappear.
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Historical evidence has demonstrated that every time decentralization emerges in a given industry, profit margins disappear.
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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
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Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897
restateskaal:claim:3406323-008 Every time decentralization emerges in a given industry, profit margins disappear, as demonstrated by Skype in...
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