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LilPing
@pingfeng
It may be a long time before we see mass adoption. The phase of 🫧bringing people to the new world has ended, and what follows is the natives of the past building a 'society'—establishing new norms, rules, and free money, while continuing to build infra on both soft and hard sides.
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LilPing
@pingfeng
Using population as an indicator of prosperity, we'll soon see this growth hit a bottleneck. If we continue to expect past high growth rates to be reflected in prices, we'll only see the creation of various token or quick rug projects, attempting to spur growth but failing, each bursting like a bubble on a flat line.
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LilPing
@pingfeng
The actual active crypto community is quite small. What kind of new face will the natives deliver to society? Let's imagine a bit: everyone can be uncensored yet supervised; the new economy is driven by creators who are free to express and thus create new intellectual wealth (with the participation of AI, perhaps).
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LilPing
@pingfeng
It might exist as a niche on the internet as the new model emerges. Whether it will be needed, and how many people will pursue it, is uncertain—probably few, but it at least provides an option. Will this sub-society gradually grow and eventually integrate with mainstream society to achieve so-called adoption?
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LilPing
@pingfeng
The storyline I envision follows this trajectory: starting from an isolated new place that becomes self-sufficient, then expanding and integrating, rather than building a bridge from existing land to a yet-to-be-realized imaginary place.
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