Network effects are the primary unit of power on the internet, and the crucial distinction is whether those network effects accrue to a community (as with open protocols like email and the web) or to a single company (as with Web 2 platforms like Facebook and Twitter).

factualpending

Speaker

Chris Dixon

Evidence Quote

the idea that sort of the P power on the internet comes through Network effects this is sort of the unit of power... it's a question of where it acrs does it ACR to a community or to a company

Source

Future of Crypto, Blockchain & Web3 w/ Chris Dixona16z
Created: 8/11/2026, 1:29:14 AM

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