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RE: Reddit Showing How Much Data Is Worth

in LeoFinance9 months ago

We're pretty close to the same time period. Smart contracts were created in the 1990s, but they didn't start becoming useful until Ethereum launched in 2015. So, that could be the date when we start counting. Still looking at 2030-2035 time frame for early mass adopters to begin to migrate.

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That would make sense based upon history.

One question is whether acceleration could accelerate. The general public is more technologically advanced as compared to 20-25 years ago. While human tendency is slower than technology, it might be closing somewhere.

While it's true that people are more technologically advanced, there is much more resistance to Web3 than there was to Web2. In fact, there was hardly any resistance at all to Web2. Everyone knew that user-generated content was a step up. But Web2 brought us massive siloes and those who support the siloed web system are going to resist anything that threatens to tear down those siloes. That includes the silo owners, shareholders, and end users who are making money from those siloes. That's a lot of people who were very pro Web2 in 2004 and 2005 when Facebook and YouTube came online. In general, people will always resist any threat to their entrenched power structures.