The most disruptive thing cryptocurrencies will do is undermine the legal distinctions between currencies, commodities, and stocks. There's no real difference b

The most disruptive thing cryptocurrencies will do is undermine the legal distinctions between currencies, commodities, and stocks. There's no real difference between any of them, but they are treated legally quite differently. Cryptocurrencies will flood the gaps in between these categories with so many examples that it will DoS the legal system with questions it can't answer, social adoption will outstrip courtroom resolution, and there will have to be a post-hoc reckoning with a new legal framework.