Great piece, Toju. Wonderfully analysing the obstacles for adoption of blockchain/decentralized tech by commercial corporations.
You made me realize that if what we want as human beings is to turn around the idea that we collaborate to compete better (so that ultimately, we effectively compete in order to collaborate better), and for argument’s sake let’s say that capitalism caters to the former and public blockchains cater to the latter, then maybe private blockchain networks are a necessary step in the middle of that transition.