> we will have to trust some authorities Which is fine, but than don't talk about cryptocurrencies. These are supposed to be trustless, not trustless-except-we

> we will have to trust some authorities Which is fine, but than don't talk about cryptocurrencies. These are supposed to be trustless, not trustless-except-we-all-have-to-trust-the-government. Just talk about some new state system that uses some cryptography somewhere.