I think the macro trends support your comment. Economic credibility & social credibility are related. Let's say a regime that controls the monetary system consists of pathological liars that uses the monetary system to their advantage & a certain critical mass knows it...they will want as little participation with that system as possible...explicitly or tacitly.

If the large tech companies are the vehicle of the monetary regime, then aware people will want to maximize their interests...One way to improve their interests is to use alternatives or to somehow influence the large platforms. If the large platforms do not change in peoples' favor, then it becomes clear that the more effective use of time/energy to use alternative solutions

Even if the large platform does change one's favor, the awareness that those who control it are not creditable leads to distrust & an understanding that participating with the creditable is a better mid & long term strategy.