Take most any statement about why the Internet was revolutionary and replace "message" with "money". You can sent [it] anywhere in the world at a reduced cost

Take most any statement about why the Internet was revolutionary and replace "message" with "money". You can sent [it] anywhere in the world at a reduced cost and faster speed vs the old way. You can send [it] to anyone without anyone's permission* You can back [it] up in multiple electronic locations. [it] is resistant to censorship* . . . and so on. Like the Internet, it's not invincible. States can degrade it if they choose to make the effort. But why would they, if it were valueless? Just to protect investors from an evil Ponzi scheme? OK - let's assume that's the case. Isn't gold a Ponzi by your definition? If you say no, it's not because of the collective idea that gold is a store of value, it's because of this or that industrial/practical application, I respectfully disagree. I'm sure if you think hard enough about it you can imagine some actual value from programmable money. Here's a start, this guy does a better job than me of articulating just some of them: https://twitter.com/marting/status/910706119479246848 https://twitter.com/marting/status/910706119479246848