And if those platforms are monopolies — we are screwed.
Blockchains are not for everything
Oksana Tkach
1822

On the same wavelength; everything acts as a platform when it is started to go mainstream. Think about this for a second. The more we use anything in our lives, the more it will be solidified and attract monopolists. Sometime they fail to make it a monopoly, but most of the times due to their power, they will convert it to a monopoly. The worrying part about blockchain is that what if a group of platform power holders get together and create a virtual monopoly “mindest”? This might look not easy to achieve as similar mindsets need to prevail for many big players, but still theoretically is possible. We just need one good case study of Blockchain owners lobbying and becoming a platform for abuse; the rest will follow suite.

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