While the current state of affairs is mostly swindlers, ponzi schemes, and problemless solutions, I do believe that distributed ledger technology can and will f

While the current state of affairs is mostly swindlers, ponzi schemes, and problemless solutions, I do believe that distributed ledger technology can and will fundamentally change many things in society that have been working “fine” for thousands of years. “Fine” in this context meaning with extreme inefficiencies and the use of coercive force and institutional violence. Distributed ledgers can replace institutional violence and coercion with algorithmic finality. We just aren’t ready yet, and if there is anything that people don’t like to do it is to give up their power to inflict violence on others. Evolutionary monetary policy can potentially create deeply democratic societies while discarding much of the overhead normally associated with political office, enforcement, revenue collection, and more. Unfortunate, that’s not really visible in the crypto sphere right now, because the projects working on this are not spending millions on PR trying to get rich.