Andreas Antonopoulos at the Los Angeles Bitcoin Meetup discussing the way
centralized payment systems have affected the way people interact with 3rd party platforms
that operate as middlemen between content creators and the audiences for their products
and services. Data mining of the audience by the 3rd party platforms creates a lucrative revenue stream
from the sale of the information to advertisers...with the content creators not getting a cut...which is how t
the "free" services available on the 3rd party platforms are paid for...
Cryptocurrencies (Bitcoin, Steem, Monero, Litecoin, Etherium, etc...) change this dynamic by allowing for easier methods of peer to peer payments. It's great for privacy as well...Let's talk about the points Andreas makes in the video clip...
The Re-decentralized Web:
