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A comment on A16Z is re-registering as a financial advisor, renouncing its status as a VC. Parent comment

Re:A16Z is re-registering as a financial advisor, renouncing... by blfr on Wednesday April 03, 2019 @04:56AM (#19561855)
decentralized finance has a place in the present and future of our planet

There is no guarantee that decentralized anything has a place in the future. So far the trends have been depressingly centralizing, whether it's government, finance, manufacturing, or even our great hope, the Internet.

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Re:A16Z is re-registering as a financial advisor, renouncing... by dmix on Wednesday April 03, 2019 @10:58AM (#19563846)
The costs of centralization is starting to seep into people’s day to day life though. People tend not to act to abstract threats but rather tangible issues.

Tech people have been warning about this forever because they have a strong grasp of the consequences and they also better understand what we have (or had) with the internet and other parts of the economy and politics.

I’m starting to see far more ‘regular’ people outside of tech concerned about the top down centralization of communication and payment networks.

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Re:A16Z is re-registering as a financial advisor, renouncing... by hopler on Wednesday April 03, 2019 @05:22PM (#19567363)
It's not a tech thing. "Small/big government" / hegemony / balance of power is an age old debate.
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Re:A16Z is re-registering as a financial advisor, renouncing... by MusaTheRedGuard on Wednesday April 03, 2019 @09:11AM (#19562997)
What do you think decentralized finance even is?
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