Dot earth | Open Money and internet scale

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danielmcglynn.com

Dot earth | Open Money and internet scale

AI summary of the linked article

Daniel McGlynn argues that operating at internet scale makes Open Money both inevitable and resilient, describing it as an open, permissionless protocol that can flatten hierarchies of wealth and power. The piece says incumbents such as banks, governments and traditional financial institutions will resist this shift, but that technology lowering barriers has historically made change unstoppable. It also claims that decentralization distributes power across the network, so no single point of failure exists and the system becomes more secure as adoption grows. The article is part of an ongoing Open Money project series.

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