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Surprised to see this perspective gaining traction in mainstream discourse these days.
Here's the thing about truly open networks—the value creation potential is orders of magnitude higher than what you can squeeze out of a closed, proprietary system. When you lock everything down, you're capping your upside. But with open networks? You're tapping into a fundamentally different economic model.
Closed platforms extract value through monopolistic practices and gatekeeping. Open networks, on the other hand, let value flow freely. Sure, individual players might capture less of the pie in percentage terms, but the total pie grows so exponentially large that even fractional ownership becomes enormous.
It's not just about idealism—it's basic economics. Network effects compound faster in open systems. Innovation accelerates. Friction decreases. The difference isn't marginal; it's paradigmatic.