Let's also remember that many Big Tech companies-- those we consider Web 2.0-- also receive some level of government subsidies. That explains part of their dominance of the space. This is also what Hive is up against.
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That is true they do. However, the money situation can change quickly especially when you consider the network effect is what adds the value, in fiat terms, to cryptocurrency.
I think this is key. Even the government could have a tough time competing with that if it explodes in value.
The next bull run ought to make things very interesting.
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