1 min readFeb 14, 2017
that opaque, extractive, price-setting, all-powerful intermediary market-maker, untrustable by buyer and seller, entwined with or effectively acting as government — it’s an old story, exemplified by the Southern Pacific Railroad, aka the Octopus, the effective ruler of California for decades co-headed by Leland Stanford.. the common ancestor, in multiple ways, of todays dominant platform companies.