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@blaine @kissane @polotek it's not about the technology. That's a smokescreen.

Folks from these startups are trying to frame their efforts at enclosing the commons as a technology difference. So and so proprietary protocol is soooo much better than the open standard.

But it's not about the tech; it's about governance. VCs are betting their investment companies can sweep the board and own the entire ecosystem. That's how venture capital works.