I have a t-shirt that says Decentralize Everything. That is 40 years of observation compressed into two words, and I finally wrote the argument down as the first guest contributor to @CryptoniteRap. The piece is about DeSci, decentralized science. Every institution stagnates the same way. A small group ends up controlling the agenda, that group gets invested in the current framework, and challenging the consensus becomes a career risk. I have watched it in banking, telecom, rocketry, and now science. After 40 years I boiled it down to two rules. 1- The Draper Equation: the likelihood that a society needs to rethink an industry is proportional to the number of people benefiting from existing theories without change. 2- The Draper Corollary: the more centralized the decision-making, the less innovation occurs. The more decentralized the operations, the more innovation occurs and the faster that sector grows. The consensus mocked Hotmail, Skype, Tesla, Bitcoin, and SpaceX too. Every time, mockery was an excellent signal. Read the full editorial: https://cryptoniteventures.substack.com/p/tim-draper-guest-editorial-on-desci(Tim Draper)