TLDR
Bitcoin has been hyped for over ten years and still has such strong vitality, says Andrew Keen. Keen says the cornerstone of decentralization is the incentive mechanism. Keen: The rise of a country is accompanied by the birth of a new incentive mechanism, or the high use of certain incentive mechanisms as an inevitable hype. He says the rise of joint-stock companies in Britain has brought great strength to its colonial expansion and the industrial revolution. Keen argues that a strong incentive mechanism for “shareholding companies’s” companies, such as the Dutch East India Company, is necessary to stimulate production.via the TL;DR App
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