Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
In a couple of decades, what percentage of people do you think will be using centralized systems for money and communication vs decentralized ones?
959❤️68🤙5👀2🤔21🔥1
elsat · 21w
This is a top down VC/investor perspective. I would ask how might we get the next cohort of people onboarded, and what needs to be built to get there.
DRE · 21w
Over 50% will use centralized systems
Ben Ewing · 21w
If you ask this on Nostr what replies do you expect
Phaedrus · 21w
I expect similar to what happened to internet: ~70% using Bitcoin but mostly not directly
Zack · 21w
I wanna say 90% but most likely in reality 65% but what will happen in the next couple of decades that will shift more people to use decentralized systems?
youngMoney · 21w
Over 50% decentralized money Better technology always wins in the end
Jordan · 21w
95% centralized 5% decentralized Unfortunately
FreedomRock · 21w
Probably around the 50% mark.
Bewlay · 21w
Think people will be using both (partner and lover). The government will force people to use centralised currency to pay taxes but there will be a parallel decentralised circular economy also …. So this we make fiat more “honest” as there will be an alternative
JasonC · 21w
50-50 in twenty years
Arotags · 21w
Do we have any estimates of what the ratio is today? Curious
Pran ⚡ · 21w
90% centralized.
Koko · 21w
All in centralised 🤣🤡
Johnny Stacks Corn · 21w
I think ~50% of the population will be stuck confessing their sins to centralized digital panoptican gods just to put food on the table. https://blossom.primal.net/5a5d42dfd32f74464f81d658bbe0dfbfc4deffafbd4d9ab8cdbb789160a8da46.png
Gus · 21w
but isn't the Internet a descentralized system already?
BigMilan · 21w
Either 90% or 0%. Bitcoin is ready. Nostr needs a bit of work.
Zoltán · 21w
I believe that in a few decades, 90% of transactions will use decentralized money but flow through centralized systems. For everyday use, it’s far more convenient to use a centralized party, as we can already see with custodial Lightning.
Deleted Account · 21w
Only those forced to do so in closed environments. The dollar is breaking down and debasing real time. When #bitcoin, gold, equities are all moving up and to the right, it’s clear the denominator is broken. We now have the best neutral reserve asset available to mostly everyone so decentralized pr...
Time Chain · 21w
P.T. Barnum said that "people like to be humbugged". The pro-wrestling arena of politics and social communication favors a majority stake in centralized platforms. 15% will exit and maybe that can grow to 25%.
BaleNorge · 21w
nostr:npub1pm5z0gmw3wcvl3yreuv8y7q3stz2zmzc4jar4ckhk927qdcwjwuq3txe07 what Bayesian theory answers to Lyn Question here
JL · 21w
No one imo
snowdev · 21w
Centralised systems will move onto decentralised rails so will be hard to distinguish
Mot₿C Podcast · 21w
I'd like to say 20/80 but more likely 80/20 (centralized vs decentralized)
k54e · 21w
Use of centralised systems for money and comms will more likely be a result of government regulation with anti freedom sentiments.
War Monitor · 21w
Likely 70–85% of global users will still rely mainly on centralized financial systems. Expect 60–80% of users to remain on centralized platforms.
Illinois Bitcoin Council · 21w
Global south I bet will be decentralized while the global north will not be.
NOBU · 21w
nostr:nprofile1qqsqa6p85dhghvx0cjpu7xrj0qgc939pd3v2ew36uttmz40qxu8f8wq8vdeta tell em
CitizenPleb · 21w
I think it will always oscillate between times of higher centralization and higher decentralization across a spectrum of emerging technologies
Seth · 21w
Somewhere, the Pareto principle fits in here, but I don’t think that if and when we do get to the 80% it will be because of influence, but of necessity. The best feature of a decentralized design is the resilience of the network. I will be talking about this and community building next weekend at...
Azz · 20w
My guess is that it will take a bit longer than a couple of decades.
Jon Millett · 20w
100% although usage of decentralized may be higher
There Will Be Sats · 19w
I think most of the people who are alive today will stay chained to their banks and governments. They’ll trade their liberty for comfort. A new generation, smarter and exposed to more hardship will use the new tools, open networks, sound money, and they’ll be the ones holding the power when the...