As I said, when the internet first came about, there were many other companies trying to create intranets and market them as a service. The open decentralised one won.
When bitcoin first came about, there were many other companies trying to create their own protocols and market them as having a unique use case. Will the open decentralised secure protocol bounded by energy win? Or is this time different?
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I don't expect anything to be different, I expect it to be the same old story -- new tech antiquates the old tech.