To summarize, in just the last few years the world has invented a way to create software services that have no central operator. These services are called decentralized applications and they are enabled with crypto assets that incentivize entities on the internet to contribute resources — processing, storage, computing — necessary for the service to function.
It’s worth pausing to acknowledge that this is kind of miraculous. With just the internet, an open protocol, and a new kind of asset, we can instantiate networks that dynamically assemble the resources necessary to provide many kinds of services.
– From Adam Ludwin’s: A Letter to Jamie Dimon
I’m actually pretty optimistic about the future. I know some of you might be surprised to hear that, but it’s true. This might not be the case if I had only five years left on the planet, but assuming I’m fortunate enough to stay healthy for another few decades, I think
