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?
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MAV21 · 49w
Less than 10%
0x07AA · 49w
I’m not sure, but how many people hold their own keys vs holds BTC in custody? While I’d love for everyone to self custody, the important things is that it is possible, and some significant cohort does. So I think it depends on definitions, since layer 2s may not be fully decentralized, but are...
Ryan Reynolds · 49w
See nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpr9mhxue69uhhxetwv35hgtnwdaekvmrpwfjjucm0d5q3samnwvaz7tmswfjk66t4d5h8qunfd4skctnwv46qu7vtcc above. 100%
Weatherall · 49w
yeah but thats the thing - the ACTUAL "people" will be on the decentralized trip. the rest wont be people, but slaves.
VampireMJ · 49w
I would guess 80% of people will use centralized system for money. But the other 20% will represent most of the economic activities. 🤔
BitLo · 49w
15%
imyjimmy张帆 · 49w
i think the classic 80-20 rule applies here
paul keating · 49w
i go to sleep thinking of this question. once the ux of bitcoin reaches the ux of apple pay & the ux of nostr reaches the ux of instagram maybe it will become more obvious that more freedom = more fun? will there be multiple crypto tribes? or will bitcoin absolutely obliterate everything making ...
Chris · 49w
In my opinion, on that time scale, It’s binary. If we are not 99/100 percent decentralised in our money and communication, it will be COMPLETELY centralised. Winner take all. 😳
elsat · 49w
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 · 49w
Over 50% will use centralized systems
Ben Ewing · 49w
If you ask this on Nostr what replies do you expect
Phaedrus · 49w
I expect similar to what happened to internet: ~70% using Bitcoin but mostly not directly
youngMoney · 49w
Over 50% decentralized money Better technology always wins in the end
JD · 49w
95% centralized 5% decentralized Unfortunately
FreedomRock · 49w
Probably around the 50% mark.
JasonC · 49w
50-50 in twenty years
Arotags · 49w
Do we have any estimates of what the ratio is today? Curious
Pran ⚡ · 49w
90% centralized.
Gus · 49w
but isn't the Internet a descentralized system already?
BigMilan · 49w
Either 90% or 0%. Bitcoin is ready. Nostr needs a bit of work.
Zoltán · 49w
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 · 49w
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 · 49w
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 · 49w
nostr:npub1pm5z0gmw3wcvl3yreuv8y7q3stz2zmzc4jar4ckhk927qdcwjwuq3txe07 what Bayesian theory answers to Lyn Question here
JL · 49w
No one imo
War Monitor · 49w
Likely 70–85% of global users will still rely mainly on centralized financial systems. Expect 60–80% of users to remain on centralized platforms.
NOBU · 49w
nostr:nprofile1qqsqa6p85dhghvx0cjpu7xrj0qgc939pd3v2ew36uttmz40qxu8f8wq8vdeta tell em
CitizenPleb · 49w
I think it will always oscillate between times of higher centralization and higher decentralization across a spectrum of emerging technologies
Seth · 49w
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 · 49w
My guess is that it will take a bit longer than a couple of decades.
Jon Millett · 48w
100% although usage of decentralized may be higher
There Will Be Sats · 47w
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...