This is not necessary to me, we know Jack Dorsey, we know about his reputation and business, he's coming to claim that he's going to offer something he himself is not capable of, what is the decentralization that can comes in with anything that has to do with someone like Jack Dorsey, maybe we shouldn't be too far fetched in being decieved by those that always try to show they are helping whereas the profits is to their own pocket.
This is going to be huge but I do not think that it is only Jack that's spear heading this. And it is too early to conclude on it. I think in my estimation that it is necessary and from what I have read, there are many potentials and upside to it. One of the reasons I like it is that it is disruptive. But is this going to in any ensure that we do not see high transaction fees again? In addition, what will happened to the already existing mining pool. Will it be abandoned by the miners? Further explanations would go a long way to help me understand better.