I’ve never met a person inspired by what we thought the Internet would be in the 90s who isn’t sad that it went the way it did. I suspect the more idealistic of the cryptocurrency people will also feel nostalgic when Goldman and JP Morgan run blockchain in a few years. It’s extremely tempting, especially to technical people, to believe that some piece of technology will create net freedom and equality. The reality is…
It's a subtle but critical shift in the drivers of the industry at an individual level, and it bubbles up through the firms those individuals build and try to sustain.