This is a great tweet & video about why people are excited about decentralization.

Takeaway: we've centralized so many things on the web that it's getting harder and harder to innovate if you're not one of the top 5 players in the ecosystem. Basically, Facebook controls what you read. Amazon controls what you buy. YouTube/Netflix controls what you watch.

All the hype about decentralization (read: blockchain) is because it has the potential to bring back the excitement of the 90's – the feeling that you as an individual can build, contribute, etc. on the network that is the Internet. I'll dare to say – this actually looks like the Web 3.0.

In the Bitcoin panic that has ensued, it's a useful reminder that the smartest investors I know have been thinking more about blockchain & the potential for a "decentralized Internet" (Web 3.0). Here's a short video we did with their views https://t.co/lRAJTdEG7N
— Mark Suster (@msuster) February 6, 2018