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    A decentralized internet
    will emerge
It already is decentralized. No single authority controls the routing of packets.

    led initially by decentralized
    infrastructure services like
    storage, bandwidth, compute, etc.
Seems like what he means is that more decentralized services will be built on top of the internet. Services, where you don't know who will provide the service you are buying. And where anybody can jump in to provide that service.

A bit like AirBnB, Uber etc. But probably he means that the rules of those new services will be enforced by protocols, rather then by companies. So I guess Bitcoin is the most prominent example of such a service that is already in existence.




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