bitcoin is obviously a great system, but to just accept it as the next financial system is missing the larger point with cryptocurrencies: they are a significan

bitcoin is obviously a great system, but to just accept it as the next financial system is missing the larger point with cryptocurrencies: they are a significant step in the evolution of banking, an industry that has traditionally been very slow-moving and centralized. accepting a new system where the developers, who essentially replace the central bankers, are a small group who wield substantial power and can act without a wide consensus seems like a step backwards after taking a step forwards.