kaal:claim:3782192-025
Advances in technology have given decentralized systems the efficiency they lacked in previous eras, the very deficiency that allowed them to be outcompeted by centralized systems; this is the book's central thesis.
Source quote, verbatim
The goal of this book is to show that advances in technology have given decentral- ized systems the efficiency they have lacked in previous eras and that allowed them to be outcompeted by centralized systems.
From
Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021), Basic idea, p. 7
https://ssrn.com/abstract=3782192 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192
Holds when
Classification
mechanismsupport: argueddecentralizationeconomics
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