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dzongatoday at 2:11 PM0 repliesview on HN

wow!! straight to the dome.

thought about this too - but not as expressively as you put it.

e.g in China - for early stage ventures - there's cut throat competition - then as Thiel would put it with heavy competition profits trend towards 0 - by then the tech is perfected or close to perfect - then the state uses its funds to back a monopoly. that's how you get a BYD.