Re:Ask HN: Is “a decentralized alternative to X” the new “Ub...
by pmlnr on Friday April 20, 2018 @05:44AM
(#16883455)
Unfortunately, it is a hype right now.
It really shouldn't be, but for that, everyone needs to understand, the federated (eg. "decentralised") is infrastructure, not a product. Infrastructure is rarely capable of making vast sums of money, it's more about serving needs for longer periods - think of post, or ISPs. Yes, it's profitable, but it's not unicorn, and exit strategies are also incompatible with decentralisation.
It can, could, and, should be the future, but it needs a change in mindsets before we can get there.
It really shouldn't be, but for that, everyone needs to understand, the federated (eg. "decentralised") is infrastructure, not a product. Infrastructure is rarely capable of making vast sums of money, it's more about serving needs for longer periods - think of post, or ISPs. Yes, it's profitable, but it's not unicorn, and exit strategies are also incompatible with decentralisation.
It can, could, and, should be the future, but it needs a change in mindsets before we can get there.