Eh. While I basically agree with this in the context of rule of law, 1st world countries- I'm increasingly coming around to the idea that blockchain-based solut

Eh. While I basically agree with this in the context of rule of law, 1st world countries- I'm increasingly coming around to the idea that blockchain-based solutions could be better for developing countries where the legal system is vastly inferior. And I'm a longtime crypto skeptic. >can't use contracts and the legal system to ensure trust between the parties I.e. where the majority of the world's population resides, developing countries where (sorry) Corruption Rules Everything Around Me. Or there's an appeals system where cases drag out for decades (hello Brazil!) Or where the judges are simply not sophisticated enough to adjudicate complex financial contracts. I don't think crypto/blockchain solutions have a ton to offer the developed world, but there's an awful lot of humanity outside of those institutions. 'Our existing financial world is working just fine, thank you' is a very 1st world perspective. Kind of hilariously, a lot off the issues that crypto enthusiasts rail against (inflation, political central banks, etc.) are basically untrue for their own countries, but are true for others. I think a stablecoin pegged to the US dollar that's super-intuitive to use on mobile could achieve hockey stick growth in Latin America, Africa, parts of Asia, etc.