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RE: Disruptive technologies, speculative capital, and Thinking Big about Steemit
FB and Instagram are incredibly centralized though. It's almost as if decentralization was a tool to extract more value from the masses by a couple of centralized entities.
@eeks, Instagram is not truly "decentralization" but it has furthered the idea of the letting the individual partake of the bounties of the platform. Now with platforms such as Open Bazaar, and now STEEMIT, the idea that you need the "money flow" to head back to the coffers of the company has changed to the idea that it the "money flow" comes back to the base, it's foundation known collectivley as "Steemians."
Full $TEEM Ahead
@streetstyle
Full STEEM ahead indeed. Good luck.
IMO, Instagram did decentralize, but on a higher level of abstraction. Previously to Instagram, photographers who would want to have their photography seen would have to approach giant centralized agencies for distribution. Now, distribution is delegated to Instagram content creators themselves (but enabled, still, by a centralized platform).
In decentralized systems we see today, both creation and distribution are enabled by full decentralization.