To clarify you can have power without money, for example initial revolutionaries. Money buys power, and power could convert into money depending the circumstances.
My statement was that the quality of Wikipedia overall is high, and that one of the reasons for that is because they set and enforce standards for contributions.
Certainly many people are put off by the process and will not have time to deal with it, but my belief would be that such cases are more likely on more controversial topics, and less likely for less controversial topics. Inherently, collaborating on difficult topics will be a difficult process, which also means that there are likely no easy answers for how to make this process not discourage anyone.
I think, in the end game, all the crypto and decentralization will turn out to be a tactic to enter the regulated financial world, not the other way around. Stable coins particularly included [1].
reply