Splinterlands is worth more than Hive was a few months ago, thinking something is just a game doesn't really get you out of any of the problems stated. The root word for finance is the same as final, it has less to do with money and more to do with trust.
While I'm clearly on the decentralize everything side of the fence, the market in general doesn't share my convictions. Fortunately any are free to do as they please :)
That's a good point. But if you think long term DeFi will hold trillions of value, while gaming will not.
I am sure the metaverse will be bigger than I can understand currently, but if you take the bond, currency, equity and commondity markets, + whatever financial assets will spawn in a digital world and put them all in DeFi apps, there is no doubt that the total value will be orders of magnitude bigger than the gaming assets market.
So in the long term size does matter, and maybe the Splinterlands - Hive valuations only mean we need to buy more hive :)
Edit - Obvisouly decentralizing everything is awesome, but again, scalability is very hard as your posts show.
BTW @disregardfiat, in the very long term, do you think that very cheap computer hardware can solve all the scalability problems without more scalable software in blockchain consensus?
For example, what if it costs $1 to run a bitcoin node with 32 megabyte blocks and a 50 year history. What does that mean for a dpos chain?
I've been thinking about this recently, as with quantum computing we might have abundant resources.
I think that trust systems like these will be run by interested parties. Have a chain for your town, have a chain for a game, have a chain for your business, and lets them settle payments between themselves. Decentralization is not ever likely to be 7 billion people consensusing on 7 billion peoples worth of transactions. But running some hardware for your neighborhood, and things that you give your actual attention to would scale nicely... even now.