Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

End of Silicon Valley

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The End of Silicon Valley and American Tech Dominance

Predictably, when one looks at the lists of companies participating in the various blockchain and cryptocurrency research efforts the names of the Silicon Valley giants are conspicuously absent. What research and development those companies undertake is increasingly centralized, bureaucratic, and directed towards projects that require massive infrastructure such as self-driving cars.

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