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@cryptobabel
Created April 20, 2021 18:19
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scarcity, decentralization, fees, security depend on aware and rational participation. If that participation consolidates
on multiple layers as it is/has been then some of those features won't end up mattering.
It'll effectively be a blackbox, as many things are today, for the many and then it .
My argument in context of just the qt post, which I believe is valid for many arguments, is that we're already seeing
things transition to custodial/pseudo decentralized structures fronted by big name backed aggregators and the like as things stand today.
If that participation and awareness further disperses into these front facing hubs
then the determining factors end up being the marketing campaigns more so than the underlying properties.
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