Viewpoint | Why Polkadot is Innovation from 0 to 1?
Rock, paper, scissors. Innovation beats competition. Why? Because true innovation is an order of magnitude better than before. Because innovation creates something new, it can form monopolies. This is the process of 0 to 1 described by Peter Thiel. In contrast, competition replaces what existed before and replicates it, pursues perfection, differentiating only through minor changes. Competition is psychologically unhealthy and unfavorable for value creation. Competition is 1 to N. Bitcoin is an innovation.