We do. The scale of financialization of our lives, our society is pervasive, invisible and touches every aspect of our lives. Our housing. Our utilities. Our c

We do. The scale of financialization of our lives, our society is pervasive, invisible and touches every aspect of our lives. Our housing. Our utilities. Our communications. Our food. Everything is financed. There is debt financing these companies. Many of whom would not exist. As one of my professors told me - you see a building, I see a mortgage. Most of our economy would vanish without credit. Take a look at Islamic economies where debt and credit is fairly circumscribe and you see they much much smaller economies (ex-petro-dollar financed economies). Block chain is just a payment mechanism? It is not even that, yet. There is a LOT more to finance than moving money around. That is maybe generously speaking 5% of global finance. I would say say more like 1%. Sigh.