Big Tech and its anti-competitive domains

Big Tech and its anti-competitive domains

The pandemic and its effects have dealt a severe blow to people's everyday life, many unexpected changes and an adaptation that makes many uncomfortable but cannot be avoided, are the hallmark of the new normal that is defined under a uniform acceptance of the new rules of interacting and managing.

Accompanied with this change, the technological influence does its thing and the line of dependence is already inevitable, the power that they have had is nothing compared to the position they now have and it is prudent to say that their influence does not remain alone in the field. technological, its growth can begin to build new foundations that touch economic, social and political scenarios.

If before technology was indispensable, now it is more, and it is clear that they will shape our way of life, especially our way of interacting and the way in which the economy will begin to turn. And this will be a very difficult field to emerge, especially with the constant stalking of the technological giants.

Companies like Facebook, Amazon, Apple and Google are already beginning to draw a monopoly in their respective fields of interaction. The competition in these spaces will be practically nil with the participation of these giants, nor the United States Senate will be able to stop these companies that begin to have their own conscience outside their playing field, for example we have that failed Facebook start and its impulse with pound, but that is just the tip for the impact that it started to make.

With all the momentum that countries want from Artificial Intelligence, the Internet of Things or the Blockchain, it is the need that forced them to become aware of concentrating everything in this technological race.

We can spot a true enemy for cryptos, beyond regulations, institutions, centralized practices, the need and dependence that these giants are giving to the market and society is massive and anti-competitive practices are the order of the day.

The role of these giants will necessarily mark the course of cryptocurrencies, I do not see integration or cooperation, but without an intense war for digital dominance and influence in the economy of each one of us.

This is why you cannot be a maximalist, although it may not seem like it to many, the DeFi's will teach and guide us in this field of giants; They know that Bitcoin has power and represents a force that they do not control, but that it is not an impediment to minimize it.

It is important that we take into consideration the approach of these technological giants, beyond an ease and advance in our lives, their influence will mark much more than a simple automated interaction, their intention is a complete domain under anti-competitive schemes.



I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.

Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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