[dharma1]

I agree they make sense for some interbank and business transactions where you have counterparty risk, and it looks like several banks are interested in developing their own ledger with the Linux Foundation - https://www.hyperledger.org/.

But I wonder what would drive mass adoption for every day users - aside from a collapse of the current financial system.

For general public it doesn't really matter if AirBnb or Uber or Whatsapp are decentralised or not - we use them because they have reached a point through network effects where they have a ton of users/liquidity, are reliable and have smooth UX.

Also, I'm not sure storage issues are a solved problem for immutable decentralised databases.

Fast global microtransactions could be a useful consumer app but so far there is little need for those. And the UX for fiat->crypto->fiat transactions and wallets is far from what it needs to be for general public.