Implications of Open Monetary and Information Networks - Lyn Alden

Another very well done article from Alden this time comparing centralized versus decentralized approaches to money and information. Alden's career is in finance and her framing starts with that, and then continues to information. I think her conclusions are right on, including the boundaries that she sets for decentralized technology.

Along these lines, way more things are advertised as benefiting from a blockchain than really do. A blockchain helps different entities come to a global consensus on something, and that's an expensive process that only needs to be applied to things that truly need it.

Her view of Web3 is similar to mine, and she also see's a "long debate" ahead, similar to my view on polarizing technology.