The author claims winners and losers but doesn't talk about the criteria for winning and losing. Decentralized networks aren't after the same things as centralized ones. They're not after engagement metrics, ARPU, or stock valuation.
If the criteria is number of engaged human users, then for sure the decentralized networks are far behind. But these things can change quickly after changing slowly.
If decentralized networks cause big centralized ones to change their behavior in meaningful ways, for fear of losing users to the decentralized ones, then I would argue that's a win for decentralized networks. Small win, but still a win.
If the criteria is number of engaged human users, then for sure the decentralized networks are far behind. But these things can change quickly after changing slowly.
If decentralized networks cause big centralized ones to change their behavior in meaningful ways, for fear of losing users to the decentralized ones, then I would argue that's a win for decentralized networks. Small win, but still a win.