> So the question is, can cryptocurrencies provide a solution? I'd say it's too early to say. Well the stated goals of the bitcoin whitepaper are pretty narrow

> So the question is, can cryptocurrencies provide a solution? I'd say it's too early to say. Well the stated goals of the bitcoin whitepaper are pretty narrow in scope, but setting that aside... Can cryptocurrency tokens provide a solution? I think the question is undeniably yes, the question then becomes, is the solution practical and do its tradeoffs represent a net benefit compared to the status quo? In this case the answer is clearly no. "Too early to say" is always true in technology so it's essentially meaningless. It's like if I said it's too early to tell if Diaspora will transform the social media landscape... sure, something unforeseeable could make that a real possibility but just like with cryptocurrency all the hype and fanfare has amounted to technically interesting novelty without much substance.