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A decentralized economy would lead to increased competition and innovation in business.

There is more room for small companies and start-ups to compete with a big companies.
Decentralized technologies such as blockchain can enable peer-to-peer transactions without
intermediaries, reducing the expense to facilitate transactions. As a result, businesses would
need to be more agile and creative, innovative to survive and grow. Such as decentralized
autonomous organizations that allow for decentralized decision-making and ownership.
A decentralized economy would require individuals to be more adaptable and continuously
learn and improve their skills to remain employable. This would allow individuals to access
education and training that was previously out of reach due to cost barriers. As a result, there
would be a greater need for a chance learning opportunities to help individuals acquire new
skills and remain relevant in a changing job market. This would require businesses to adapt and
adopt new technologies.
A decentralized economy can also pose a bad impact, for example, it can be difficult to establish
trust and credibility in a decentralized system, especially if there is no central authority to
enforce rules and regulations. Businesses may need to invest in new technologies and strategies
to adapt to a decentralized economy, which can be costly and time-consuming. And right now
many small companies and start-ups can't survive because of that. They decide to layoff some
employees to reduce their expense.

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