The two big things are
1. Content hosting, would be done by individual nodes on a distributed network, so that content can't be censored. Obviously there would need to be an incentive for nodes to provide bandwidth/storage.
2. Payment processing- would need something like Bitcoin/Lightning
We need a means for individual content creators and consumers to interact/transact without interference from third party gatekeepers (who right now have the power to censor content and payments, and can harvest/sell our data).
In Boston, the worldwide web’s founder, Tim Berners-Lee, is working on a new way of using the internet. Called Solid, it is based around personal online data stores, or Pods, that contain the wealth of information people generate, and are their exclusive property. This means they can allow access to particular elements of their data from particular services as they see fit, and move their data from app to app instead of surrendering it (imagine, for example, being able to move between social networks, taking your lists of friends and followers with you).
The internet became the powerhouse it is because of decentralization. Bitcoin has changed the game because it is decentralized. Consumer products have gotten better and cheaper because of decentralization.
It’s almost like there’s a common denominator in there somewhere that makes things better?
> Consumer products have gotten better and cheaper because of decentralization.
What are you talking about? Consumer products have gotten better and cheaper because of centralization and economies of scale.
Indeed. Economies of scale are only a byproduct of competition.
Without competition there would be little to no investment in factory upgrades, because there would be no need. Why offer a better or cheaper product when your customers have no choice but to buy from you?
Well the point is taken, but you’re only making mine for me. Apple and Google are the big Two, but are in constant competition for market share, thus driving innovation and cost cutting. Unfortunately, Apple still insists on overpricing their shit, and Google is content to slap Android into any hunk of garbage hardware dropped.