Submitted by quaintSloe t3_109wj91 in Futurology
quaintSloe OP t1_j41syns wrote
Reply to comment by The_Mann_In_Black in Did decentralization hit a plateau? by quaintSloe
I know what you mean, but that is a different decentralization that we also very much DO need. I'm more approaching the aspect of the internet, no DeFi, that's something that purely applies to cryptographic currency. I'm more leaning towards its utility that was promised
The_Mann_In_Black t1_j41tkhh wrote
The US has strong institutions and gains a lot of value from centralization, which is why adoption hasn’t really gone anywhere.
You’re more likely to see adoption in countries with weaker, less trustworthy, or lack of institutions like Brazil. Your average American has no strong incentive to adopt crypto currency or blockchain technology in their daily life.
I would suggest looking into adoption of coins and crypto in Brazilian agriculture.
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