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JB

Juan Benet

07/01/17

@ Y Combinator

The challenge is to create a market that allows any provider to sell their storage, which could lead to better unit economics than centralized providers.

Video

YC

IPFS, CoinList, and the Filecoin ICO with Juan Benet and Dalton Caldwell

@ Y Combinator

IPFS, CoinList, and the Filecoin ICO with Juan Benet and Dalton Caldwell

07/01/17

Related Takeaways

JB

Juan Benet

07/01/17

@ Y Combinator

Filecoin should be viewed as a market layer across all providers, enabling those who currently do not sell their storage to enter the market and drive prices down.

JB

Juan Benet

07/01/17

@ Y Combinator

Decentralization allows for a more efficient market by enabling individuals to leverage local optimizations for cheaper storage and distribution of content.

JB

Juan Benet

07/01/17

@ Y Combinator

The demand for decentralized solutions is driven not just by consumer needs but also by businesses seeking to distribute data across multiple providers for better security and reliability.

SC

Sequoia Capital Cast

05/12/25

@ Sequoia Capital

Decentralization in AI could create a financial ecosystem that supports new players and enhances service delivery, potentially leading to a more competitive landscape.

JB

Juan Benet

07/01/17

@ Y Combinator

Projects like Ethereum and Bitcoin are examples of decentralized systems that can provide better unit economics compared to centralized planning.

AB

Andy Bromberg

03/09/18

@ Y Combinator

Filecoin, created by Protocol Labs, exemplifies a decentralized solution for file storage, incentivizing users to provide storage space through a token model.

JB

Juan Benet

07/01/17

@ Y Combinator

Filecoin offers decentralized data storage, meaning that if a provider like Amazon decides to cut you off, your data remains accessible through the network.

ac

a16z crypto Cast

05/24/25

@ a16z crypto

The future of stablecoins is uncertain, but widespread adoption will require incentivizing distribution and creating a competitive marketplace built on decentralized networks.

SC

Sequoia Capital Cast

05/12/25

@ Sequoia Capital

If decentralized AI providers fail to establish sustainable models, closed-source solutions may dominate the market, but successful decentralization could shift the dynamics significantly.