Not sure if I’m asking the echochamber, but do you think the rise of the fediverse will have any influence on the adaptation of the ideas of crypto currency in the wider population?
I doubt that it will change a lot for the cryptocurrency adoption.
(also hello from the “all” feed)
These two approaches, decentralized online social interaction and decentralized online exchange of value, do seem to have some of the same characteristics. I don’t imagine that they will have an appreciable and direct impact on one another unless they directly combine in one or more ways. I.e. the ethos is the same but the execution and, in many ways, the motivations are different.
Corporates are trying to convince governments to allow more crypto, while they’re also trying to eke out more profit. I think there is a collision imminent, personally, rather like blasting atoms at each other in a supercollider. The results can only be postulated about based on what we know, but we always learn something new in the attempt because we don’t know everything and the unexpected happens. Life finds a way. L’chaim!
The bigger part of the fediverse doesn’t like anything related to crypto and especially NFT and web3. As a social network and a subculture the fediverse will have some effect on adoption of these ideas but the result is unclear.
I’d say that crypto and fediverse have a little intersection and mostly exist in the different echo-chambers as for now.
