> True "decentralization" means letting go of (at least some) exclusivity and ownership; and the current flavor of the crypto craze can't even conceive of it.
"True" decentralization is a voluntary framework where both exclusivity and ownership can coexist with other (less capitalist) ideologies. What I find interesting is that there is an emerging global sandbox for people to experiment with novel technologies and try out new ideas that were simply not possible before.
It's certainly a fair criticism that the most popular (and most profitable) projects are lacking in creativity and disproportionately rewarded for questionable utility, but that is a criticism of the people who are building (and paying) with this technology.
Crazes come and go, and after this current Cambrian explosion winds down and all the NFT hype, DeFi scams, and almost-ponzi schemes implode, I believe that the truly interesting (and useful) projects will not only remain, but continue to grow and evolve over time.
"True" decentralization is a voluntary framework where both exclusivity and ownership can coexist with other (less capitalist) ideologies. What I find interesting is that there is an emerging global sandbox for people to experiment with novel technologies and try out new ideas that were simply not possible before.
It's certainly a fair criticism that the most popular (and most profitable) projects are lacking in creativity and disproportionately rewarded for questionable utility, but that is a criticism of the people who are building (and paying) with this technology.
Crazes come and go, and after this current Cambrian explosion winds down and all the NFT hype, DeFi scams, and almost-ponzi schemes implode, I believe that the truly interesting (and useful) projects will not only remain, but continue to grow and evolve over time.