The future is hard to predict.
But the reasons I think closed source projects will have trouble threating Cardano are -
Nations simply will not be agile enough to compete in this scene. They will have to observe and follow, which is convenient for them. See Venezuela and Belarus as examples of countries that attempt agility…
Of course regulatory and political atmosphere will be crucial, but I think the US & China
are the only two nations with the potential to really affect the global atmosphere.
Here Cardano will find worthy adversaries. IBM and any other ‘state-hand-holding’ enterprises will have trouble keeping up because of the former, but smaller agile startups with corporate backing could certainly compete. The risk is doubled because our competition can always copy Cardano and try to emulate any advantage we come up with.
Used here as a very general term for what you call closed source competition, and probably the only ones who can play on Cardano’s level, and they play dirty. Our salvation in this aspect is clear -
All corporations want the same thing : Profit
They will target capital intensive markets (US, Europe, China, Japan) and will only care about the bottom line. In the meantime Cardano will be free to grow rampant in developing nations (SEA, India, South America, Africa).
I believe in the first years we should yield before the interests of centralized money and exercise guerrilla tactics. The verse by Emma Lazarus would not ring wrong for Cardano :
“Give me your tired, your poor, your huddled masses yearning to breathe free.”
@Chainomatic @ADALove Your input weelcome