Jack Booth, co-founder of TON Society, believes that mass adoption of cryptocurrency depends on advancing decentralization within The Open Network (TON).

Booth emphasizes that decentralized networks offer users greater control over their data and finances without relying on centralized authorities but warns that competing technologies like central bank digital currencies (CBDCs) could undermine these principles.

He advocates for hybrid solutions that allow CBDCs to interact with decentralized networks without dominating them, recognizing the potential for a more inclusive and secure financial system.

Booth stresses the importance of making decentralization usable and easily accessible to achieve mass adoption, acknowledging the challenges but highlighting the benefits such as improved transparency, resilience, and reduced points of failure. Show Less