We're taking bets on how quickly Google, Youtube, Facebook, and Twitter can annihilate themselves.
REPENT! THE END OF THE INTERNET IS NIGH!
Or is it?
As many lament the bygone days of the Golden Age of the Internet, in this video I predict a rocket into the Platinum Age of the Internet.
Murray Rothbard used to describe natural monopoly as a business that has an innovative edge or technological advantage over other businesses. A natural monopoly lasts until it becomes either a.) a state monopoly, where the government gives specific license to that business for the services it does, and punishes others that try to compete with that business, or b.) the rest of the market catches up and begins competing, in which case the monopoly falls away.
Google, Youtube, Facebook, and Twitter are ending the their natural monopoly phase. As they panic to grasp state monopolies, decentralized platforms and technologies are already beginning to replace them. Blockchain backed alternatives like Steemit, DTube, and Bitchute are going to annihilate the big players now when big media heads begin moving to these alternatives after they keep getting censored.
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