Predictions, manisfestos and expectations

Cleaning up crypto, let’s get back to the future! what needs to happen in the "cleaning act", which many people expect to happen in 2018-2020 period

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Cryptocurrency Might be a Path to Authoritarianism It is quite easy to imagine VERY scary scenarios in the centralization rather than decentralization!!! If the world becomes fully digital, this is a natural tendency anyway, because goverments and transnationational corporates have plenty of details about people as well as plenty of capital. > Similarly, blockchain’s future seems tied to the short-term vision of investors and entrepreneurs willing to speculate on a hypothetical, distributed utopia without hedging against the consolidated autocracy it seems equally likely to realize. “This is what happens,” Greenfield says, “when very bright people outsmart themselves.”

Let’s Destroy Bitcoin and Let’s Destroy Bitcoin
Three ways Bitcoin could be brought down, co-opted, or made irrelevant By Morgen Peck

The Old Allure of New Money
May 21, 2018 ROBERT J. SHILLER

Transaction Costs and Tethers: why I am a crypto Skeptic by Paul Krugman (July 2018) Familiar arguments a) high transaction costs - the cost of lack of trust! inverted argument b) no tethering to the real world