this post was submitted on 13 Nov 2024
807 points (95.9% liked)
Technology
59371 readers
5238 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Of course it is, why would people throw millions at investing in a product and then decentralize it to the point that there weren't any bottlenecks to apply pressure and extract a profit back out of it? It makes no sense and would be a ridiculous business strategy.
What is a good business strategy is associating your product with visions of decentralization while never truly intending to get there in practice.
Fair point. They will just grow their user base and then go all walled garden just like all the rest of the platforms. Protocols not platforms.