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@dredmorbius The hardware cost isn't a big factor. I expect hardware costs for SBCs to remain similar or not fall by much. At the same time they will probably get more CPU cores and better energy performance.
Security and maintenance aren't big costs. Debian can patch itself and the system can be easily administered from the control panel. The amount of time I spend on administration is very small.
Full P2P is possible with current technology (see https://freedombone.net/mesh.html) but moving away from client/server will be like trying to steer the Titanic. I don't expect things to change quickly.
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@starbreaker I see P2P as a two stage thing. There's the software and the infrastructure.
In terms of software there are already things like ZeroMe on ZeroNet, which are mostly distributed with the possible exception of the identity model. Making something something like gnusocial out of IPFS just using files and directories would probably also not be that hard to do as a backend and would scale much better.
Then there's the infrastructure. That's definitely feasible in densely populated urban areas, but the main problem is cost (even though it's fairly small) and just persuading folks to stick router boxes up in suitable places.
Last year I was experimenting with a mesh version of the Freedombone system, and I think a fully P2P mesh based internet is possible and in the longer term the way things are likely to go. https://freedombone.net/mesh.html