It hurts to see a call to strong arm people into not using what is essentially a coordination tool, based on such a limited analysis. For a good summary of the

It hurts to see a call to strong arm people into not using what is essentially a coordination tool, based on such a limited analysis. For a good summary of the potential of cryptocurrency, I recommend this 2014 article by Walter Isaacson: https://time.com/3476313/can-bitcoin-save-journalism/ https://time.com/3476313/can-bitcoin-save-journalism/ We're starting to see realization of that potential in the emergence of a mechanism to directly monetize the production of culture, via NFTs, as this 2021 details: https://a16z.com/2021/02/27/nfts-and-a-thousand-true-fans/ https://a16z.com/2021/02/27/nfts-and-a-thousand-true-fans/ An illuminating 2013 article by the same author: https://cdixon.org/2013/12/31/why-im-interested-in-bitcoin https://cdixon.org/2013/12/31/why-im-interested-in-bitcoin The calls to ban cryptocurrency now remind me of the efforts to stop the public from having access to strong cryptography in the 1990s. Without the success of the cypherpunk movement, in which a critical mass of tech activists, private sector interests, and forward thinking government officials all supporting democratization of access to the technology, led to export controls on the strong cryptography being lifted, the multi-trillion dollar e-commerce market as we know it today would never have emerged.