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How the Blockchain Will Conquer the World and Why History Shows Bitcoin Might not be The Revolution we Assume
4 min readSep 6, 2019
Before FB there was Friendster Myspace, before Google there was Yahoo What does that mean for Bitcoin?
Historical precedent shows that the first-mover advantage is a myth. Almost ubiquitously the first dominant force in any space is overthrown by a smaller, nimbler, more innovative and agile upstart which is able to iterate far quicker than the incumbent could avoid all of its mistakes while achieving a network effect which rides the coattails of the trailblazer who has made the revolutionary product appealing to the wider public at large.