<!-- bryant-content-generator:start --> # The smartphone became historically important... > The smartphone became historically important because it compressed a studio, storefront, library, camera, publishing desk, communications network, and payment terminal into an object ordinary people could carry. The device did not abolish gatekeepers, but it lowered the cost of reaching markets that had once required institutional permission. **Source:** [[livestreams/Money, Self-Worth, and Decentralized Opportunity — Part 2 - Workbook|Money, Self-Worth, and Decentralized Opportunity — Part 2]] ## Share on Social Media ``` “The smartphone became historically important because it compressed a studio, storefront, library, camera, publishing desk, communications network, and payment terminal into an object ordinary people could carry. The device did not abolish gatekeepers, but it lowered the cost of reaching markets that had once required institutional permission.” — Bryant McGill https://bryantmcgill.com/quotes/quotes-smartphone-became-historically-required-institutional-permission ``` <!-- bryant-content-generator:end -->