Cost is a hook, not a keeper — UX decides whether decentralization wins
WCEF 2022: Infrastructure for the New Internet - Web3 (World Crypto Economic Forum (WCEF))
“In all honesty, cost is not a keeper. Cost is a hook, but it doesn’t retain, because cost is generally a function of demand-supply: once the demand increases, supply reduces, the price goes up, so people start jumping ship… like Airbnb — initially cost was a hook, $20 rooms, but then you eventually got into a mode where you have diversity and variety available to you.” — 00:14:18
Context: Explaining disappointing decentralized-storage uptake; he candidly admits Akash retention lags web2 because token onboarding and non-custodial UX repel mainstream users.