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@ calvadev⚡️
2025-02-15 19:45:29
Capital, especially if supply-capped, must at some point be deployed whether a person likes it or not; we can't live our lives without spending. And if anything, people hoarding appreciates the capital stock of 'smaller' individuals. It's a virtuous NGU cycle.
There's definitely a centralization risk when it comes to data storage, but tools are already being developed and exist to make self-hosting seamless and easy even for non-technical people. Local relays like Citrine on Android are also a great solution to this. The main hurdle to overcome imo is changing consumer behavior to a direction where users feel comfortable paying for these services and/or the associated hosting costs.