Doug, I see your contrarian thought and raise you with another one. Centralized platforms are seeing their last years regardless of what they do. Being a public company, Twitter has a greater disadvantage. The scale of Twitter as a network is still not possible on any blockchain, but once it happens, this is going to be the major flippening.
Definitely a possibility. The biggest challenge to any new social platform, centralized or decentralized, is bootstrapping the network to get interesting content on it. If Twitter goes the censorship route, this becomes significantly easier for a decentralized alternative. If it stays relatively open and free, I think it would be hard to recreate that network elsewhere just for the sake of decentralization. In other words, if there is minimal censorship on Twitter, and the only point of moving to a decentralized protocol is for the sake of decentralization, I don't think that alone is enough of an incentive for people to move. Betting that there won't be meaningful censorship on these social platforms is the hardest thing to get comfortable with...
Doug, I see your contrarian thought and raise you with another one. Centralized platforms are seeing their last years regardless of what they do. Being a public company, Twitter has a greater disadvantage. The scale of Twitter as a network is still not possible on any blockchain, but once it happens, this is going to be the major flippening.
Definitely a possibility. The biggest challenge to any new social platform, centralized or decentralized, is bootstrapping the network to get interesting content on it. If Twitter goes the censorship route, this becomes significantly easier for a decentralized alternative. If it stays relatively open and free, I think it would be hard to recreate that network elsewhere just for the sake of decentralization. In other words, if there is minimal censorship on Twitter, and the only point of moving to a decentralized protocol is for the sake of decentralization, I don't think that alone is enough of an incentive for people to move. Betting that there won't be meaningful censorship on these social platforms is the hardest thing to get comfortable with...