[briantakita]

The Fed prints fiat which goes into the banking system to VCs & other investment vehicles. Fiat is based on the credibility & debt of the issuer. When the issuer looses credibility & when the issuer issues more fiat in relation to assets & production, then the fiat loses value. Large tech companies have received much of this credit & debt based fiat. When the value of the fiat falls, then the large tech companies' value is increasingly based on fundamentals which is based on underlying assets & production.

[such12]

Again, a macroeconomic analysis with no explanation of how this is relevant.

[briantakita]

I think the macro trends support your comment. Economic credibility & social credibility are related. Let's say a regime that controls the monetary system consists of pathological liars that uses the monetary system to their advantage & a certain critical mass knows it...they will want as little participation with that system as possible...explicitly or tacitly.

If the large tech companies are the vehicle of the monetary regime, then aware people will want to maximize their interests...One way to improve their interests is to use alternatives or to somehow influence the large platforms. If the large platforms do not change in peoples' favor, then it becomes clear that the more effective use of time/energy to use alternative solutions

Even if the large platform does change one's favor, the awareness that those who control it are not creditable leads to distrust & an understanding that participating with the creditable is a better mid & long term strategy.