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The (centralized) part you put in brackets is quite important. That's the differentiator.

Both systems can obviously co-exist. Much like how gold co-exists with fiat money. Or how there's bittorrent and S3.

And it is true the adoption part is still tiny (just equivalent to one of the top S&P500 companies in market cap) compared to its potential. And the numbers show that as adoption increases, volatility goes down.



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