Even with all of he hype going on right now, all the ICOs and new advancements in blockchain technology, we are still in the alpha stage. But as more people get on board and come together, the collective mass will eventually sooner than later give birth to a decentralized internet. It's just that the average person either doesn't know about blockchain technology or the are too skeptical to get involved. We all here know better. We just need to all help spread the word to bring in more thinkers and more capital.
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I agree that competition could come into internet/cloud computing space.