Parallel fragmentation in non-digital world as well. Post-covid, de-globalization has been a major narrative. The infrastructure for digital nation states further fuels Great Fragmenting, imo. Social media empires will fragment, to ur point. It won't be exactly repeat pre-industrial, but it'll rhyme
Some pre-industrial world themes on the left; modern rhymes on the right: • Fragmented trade routes <=> Multi-chain, multi-currencies • Self-sufficiency <=> Sovereign individual (not ur keys...) • Barter system <=> AMMs, financialization of NFTs • Limited connectivity <=> Full connectivity, limited privacy