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by felipeccastro 3239 days ago
Blockchain, decentralized apps - perhaps based on Ethereum, perhaps not. They have the potential to enhance capitalism in equivalent ways as the current wave of "sharing economy" startups (Uber, Airbnb) has done, or even surpass that.

- it's much easier for more people to become investors, since buying coins/tokens will become increasingly easier and common.

- you won't need to be located at a specific startup hub to launch successful business, because it's so much easier to get investment from around the world.

- it has a great approach for solving the "network effect", where no one can challenge the major players with strong networks, by providing strong incentives for early adopters to join and grow their networks (either by buying very cheap tokens, or producing content that will render them "free money").

- it enables the creation of new business models that might disrupt (ugh, sorry) several existing industries, due to how they solve the trust issue between parties that have no reason to trust each other without a central controller entity. Some are calling this next wave of startups the "Web 3.0".

Sure, it looks like the wild west now, and there are all sorts of problems from scams to scalability issues, but maturity might be only a matter of time.