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Ethereum does not have that broad of an application. You are engaging in rather wishful thinking. Nation states exist because people have different traditions,
by jernfrost 9y ago
Ethereum does not have that broad of an application. You are engaging in rather wishful thinking. Nation states exist because people have different traditions, values, language, history, economic and political systems.
- ewzimm 9y agoYes, there are important differences, and I don’t think Ethereum will fill the various needs, which is why I said “something like Ethereum.” With all the differences in nation-states, we have come to a kind of equilibrium today where each one has a convertable fiat currency through historical convergence. Each one has a similar hierarchical government claming authority through popular mandate. That’s an amazing consistency considering the different origins. I’m not wishing for any particular outcome, but considering past convergences and future potential, I’m simply saying it’s likely that some kind of smart contracts operating on distributed computing platforms will eventually become standard processes for law enforcement once computation is more ubiquitous.