Cryptocurrency Apps Should be 10 Times Better Than Centralized Apps

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A very catchy title in cointelegraph Pragmatism : True Key to unclocking cryptomass adoption. The article is written by Eric Ly. He is a Co Founder of Linkedin and founder or Hub token.

Pragmatism is a concept of thought that is more concerned with the final result than technical problems or the things behind a work. In Eric Ly's view, internet users do not think about how the internet was created. They don't want to know the technical difficulties. They just use the finished product.

There are some hundreds of millions of Bitcoin and Ether (ETH) wallets, while the internet boasts 4.7 billion users. Even under an optimistic assumption of 250 million wallets and one user per wallet, crypto’s user base represents only 5% of internet users.
https://cointelegraph.com/news/pragmatism-the-true-key-to-unlocking-crypto-mass-adoption

Cryptocurrency users are around 5 % from internet users while crypto markecap is about 1 % from global stock marketcap. That is very small number when we compare to the global internet users.

Cryptocurrency users today only consist of a limited community and the number is very small. They are proud of decentralization. The community consists of developers, miners, traders, investors, and some cryptoearners from various field. When we compare to internet users, the community of crypto is very limited. Internet users are from all level and various communities. They are students, workers, houswifes and even children.
Let’s see youtube. Total number of monthly youtube users are 2 billion people. That is a huge number of users. Let’s compare to cryptocurrency. The fantastic users based that the company own the users data.

The category of social media platforms that have so dominated the first internet era and make billions of dollars of revenue (Facebook: $70 billion, Twitter: $3.5 billion, YouTube: $15.1 billion)
https://cointelegraph.com/news/pragmatism-the-true-key-to-unlocking-crypto-mass-adoption
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pic : https://pixabay.com/illustrations/man-face-head-circle-structure-335401/
Youtube, facebook, instagram and twitter are mass adoption platform of social media. Users of the mass platform do not care how the developers create the platform. They just use youtube, facebook and other social media. They make fun from those platform. Some of users become contributors or authors so they earn income from advertising.

Decentralized social media vigorously promote censorship resistance platform. Pragmatist users do not care with censorship , they use facebook , youtube, twitter and other social media. Censorship resistance is a feature in decentralized social media but it is just one point that decentralized social media win from centralized one. There are more features that decentralized social media do not have as in centralized social media.

Our solutions have to be 10 times better than existing (centralized) solutions.
https://cointelegraph.com/news/pragmatism-the-true-key-to-unlocking-crypto-mass-adoption

That is the key how decentralized platform will win over the centralized platform. Instagram influencers will gain million followers. The question is who the million followers are. They are mass. They are public that think and act in pragmatism. They sign up IG with their phones and start to post photoes. To register instagram and other centralized social media is very easy and fast. You do not have to wait for days to be approved. I joined LBRY few months ago but I left LBRY because registration is complicated. I have to verify with discord member. That was annoying that I finally left LBRY. In pragmatism view, registering LBRY is complicated.

LBRY users earn money so do youtube users. People will be interested in both platform but when registering is complicated, they will leave the platform. To sign up youtube, users just click the youtube icon from their gmail account. They will go to youtube dashboard and can start to upload contents. That is very simple.

Cryptocurrency project offer solution to currenty products that most people use. When cryptocurrency fail to offer easy and fun interface from a platform, users will leave decentralized social media. Centralized social media here still win when we compare to decentralized social media.

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Decentralized platforms should offer 10 times better to existing centralized social media. Users will enjoy having experience doing activities decentralized social media.

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3 comments
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more people will need to know about this. The good thing is that i see more and more people actually trying to find other solutions, others than mainstream ones!

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