🤔 [Analysis] Cryptonetworks are not companies – Chris Burniske

Emerging cryptonetworks use a protocol in place of the government, specialize in a single (digital) service, and are capable of global scale from inception. Out of them, only services that thrive off decentralization will successfully organize and incentivize human activity using the architecture of cryptonetworks. &nbsp Both cryptonetworks and companies will generate large amounts of wealth in cryptoland, one doing so through a cryptoasset and the other via equity. With cryptonetworks, the winners will be fewer but with returns greater than any other asset class from this time period, while with companies there will be a higher number of more modest winners.