this post was submitted on 03 Jul 2023
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ethfinance
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solid rant. Ethereum is just the base layer, nobody has to ask permission to build on top of it, so if a killer app does get built on Ethereum there's no telling what it will be (unless you're a visionary like that). Like you said though, it'll probably be something corporate/VC sponsored with a slick UX that hides its Ethereum roots, and it'll probably implode and be replaced by the next similar thing in a few years. It won't do anything for the privacy or self sufficiency its users, but it will boost the value of the Ethereum base layer so that's fine I guess. But actually open and decentralized applications that can properly take advantage of the security of Ethereum, I don't think that will ever get mainstream adoption unless said corporate giants think it's to their advantage to facilitate access to it and create a slick UX for it. And given the open / decentralized nature of what we wish would happen, that's very unlikely