4/ That is not the system we operate under now. This means that, as networks become abundant, the value proposition shifts. Watch for the major entities to diminish in value although some will cannibalize

3/ Web3 will crack this. We are going to see a time when networks are plentiful. This means anyone can build on a number of databases and utilize that data. They can set up APIs as they see fit and operate

2/ Traditional entities have a lot of power because there are few networks. We have only a handful of choices, especially in the digital realm. We know the Internet is a siloed system.

1/ What is going to be scarce when networks are abundant? This is something few are talking about. Fortunately, this is something Hive already went through a few years ago and it was tested.

#threadstorm Hive Already Has What Is Going To Be Scarce In Web#

To read full article:

5/ We are embarking upon a new paradigm which will disrupt everything. Anyone who believes this is not happening doesnt understand the scarcity/abundance ratio. Grasping this provides great insight.

4/ Disruption happens when scarcity is made abundant. This is why web3 will be huge. It is making networks abundant, hence sucking the value out of them. We can expect similar results as to what happened

3/ This means that developers are limited in where they can build. Once simply cannot tap into Twitters servers and use their data for example. This changes with #web3.

2/ Of course, if there was sudden abundance, was something scarce? Yes. And we experience this on a daily basis. With the Internet, information is abundant but the networks are scarce. There are a handful

1/ The old model of scarcity that we know as the Internet is dying. This mechanism was disruptive because it made information, something that was scarce, abundant. Hence, a lot of the value went from those

#threadstorm Web3 will be bigger than people think For all those who believe #web3 is just a buzzword or a phase, this is not the case.

To read full article:

5/ This is why I believe Hive is an oasis. People who are accumulating some stake will be able to provide the pathway for a revenue stream while also riding the wave of technology.

4/ There could be a day when millions have Hive based efforts as their "job". This is the main area of income that provides sustenance. We could see the value of the entire database along with

3/ Hive could be an oasis. We have a strong foundation being laid. If people understand what is being constructed here, they can position themselves for both asset appreciation and yield.

2/ The labor force participation rate in the US over the last quarter century is down. To me, this is reflective of the impact of technology. That means we are going into a massive deflationary environment.

1/ I am in the camp that technology is taking jobs. While some might be created, the impact of things such as chatbots is going to have a major impact upon knowledge workers.

#threadstorm Will AI Take Jobs And What Is The Solution There could be an oasis if we pay attention.

Where are the LeoGlossary links?