Byrne: The Future Is Decentralized

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Byrne: The Future Is Decentralized

  • The Future Is Decentralized

October 6, 2015

Mises Daily Tuesday: Transcribed from his appearance at Mises U, Patrick Byrne explains: 

The costs of centralizing information are higher than people understand. Until they have worked in actual organizations that have missions like fighting a war or making a profit, people tend to underestimate just how expensive it can be to centralize information.

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