It is not stopping trustworthy intermediaries from building layers on top. You don't want the base layer to have such a loose and insecure architecture. There will be crypto banks that make it so your average user doesn't have to worry.
Again, the "punishing system" is the entire point of crypto. If you don't want that, just use a database.
But then we do want crypto for the masses do we not? Also the "there will be"... when? How much to wait for ETH to get there? That is the question. Business needs to move fast or die.
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Well if you think this space is ready for mass adoption you are wrong.
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Isn't steemit a proof that mass adoption is almost there?
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Nope. Steem is not mass adoption. Steem can't scale very well either. I don't know how it would handle FB level growth and use.
Mass adoption and the ability to handle it is coming fast.
It is not here now.
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