Yes very well formulated re #SocialHub and the larger challenges!
its vital that the people involved in the ecosystem look beyond their own project's scope and tend to foundational tech they rely on.
Yep. Fedi as a whole doesn't have a great track record with collective action and contributing to or fundraising for shared / shareable infrastructure.
That said I'm not sure that a centralized substrate is the only approach. The article says
"money can only flow and deals can only be made if everyone has a consistent sense of property rights and contracts, and the definition of those concepts will typically be determined by whichever participant in a transaction has the more sophisticated financial and legal system"
That's very much the kind of thing a white American guy would say. For one thing it reflects complete ignorance of the history of money flowing and deals being made between different countries and cultures which despite having very inconsistent legal systems somehow made it work. But also white American guys assume our system is the most financially and legally sophisticated (because American exceptionalism) -- so evertybody will adopt the US sense of property rights and contracts, grounded in stealing Native Americans property and ignoring treaties, chattel slavery and white supremacy, and women as property.
Of course a centralized substrate is the most straightforward path, and it's not easy to imagine other approaches. But a singlie substrate is inherently power-centralizing and squeezes out diversity. And think about the ecosystem that includes some entities in the ATmosphere and some from fedi. The article talks about protocols as a substrate from the technical sense, fair enough, but here there are two and that is unlikely to change.
@smallcircles@laurenshof