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“As had happened with several previous decentralized systems, this one had naturally tended toward greater centralization because of the efficiency made possible by specialization. This looked, increasingly, like Napster giving way to iTunes. In that case, the old power brokers—the record labels—were destroyed, but they were mostly just replaced by a new set of power players.”

Nathaniel Popper, Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
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Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money by Nathaniel Popper
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