Storage Costs per GB 1981 - 2010:
1981 — $300,000
1987 — $50,000
1990 — $10,000
1994 — $1000
1997 — $100
2000 — $10
2004 — $1
2010 — $0.10
It's obvious that two things are happening with storage overtime, it's getting smaller and it's getting cheaper.
Can we imagine a future where TBs are seen like GBs are currently seen? And your mobile phone has 500tb of storage built in?
If the Bitcoin Blockchain if 1TB in size in 2030, every single phone could have the capacity to be it's own full node.
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