The new federalism: blockchain will decentralise big tech’s power on the internet
Even though tech giants are businesses, they’re virtual states akin to absolute monarchies, with millions of users as subjects, writes Federico Ast. This blog first appeared on the LSE Business Review and is reposted here with thanks. For most of history, the only form of government that humanity had known was despotism. Pharaohs, tsars, emperors and kings enjoyed a centralised […]