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Byrne: The Future Is Decentralized

October 6, 2015 - 9:55 AMMises Institute [1]

Mises Daily Tuesday [2]: Transcribed from his appearance at Mises U [3], 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.


Source URL: https://mises.org/wire/byrne-future-decentralized

Links
[1] https://mises.org/profile/mises-institute
[2] https://mises.org/library/future-decentralized-0
[3] https://www.youtube.com/watch?v=Yyf-EL9BifU