Blockchain intelligence firms link North Korea to $6.3B hack on Binance | Hacker News
This is to say, the stated goal and the target of the crypto enthusiasts are misaligned. To transcend the institutions represented by the fiat system requires far more than creating some alternative "currency", rather it requires creating an entirely new power structure. reply Different people may be on top, with different aims (...arguable, but let's pretend.) But there will always be a government of some sort making the big decisions for the benefit of its ruling clique. reply That depends on how much resources said government can extract from the environment. Either by taking or by providing value in exchange. One can imagine a level of technological advancement that makes violence impossible and trade unnecessary. Poof, no government. reply reply Look at the schedule of any crypto conference - ethereum events in particular, but others as well - and you will find that your critique has already been widely adopted. The discussion is around replacing power structures and sources of in