Your article is great.. but when you said "we" can create money ourself.. well there is a problem with that.. who are those "we" ? you? me? or whoever is reading this post? At the end of the day, we the public are again under a central authority, not to the government if we reject government issue currencies and move to another currency, by authority I'm referring to those who are making there "currencies"
Yes it's the developers of these curriencies.. Let's say we reject all kinds of other currencies and Steem Dollar is now the world currencies and everyone is using it for any kinds of trade.. can you call that decentralized and the elimination of government? Ofcourse not.. we will then be under the rule of Steemit Whales, or the ones who created Steemit and mined millions of currencies and kept it on their accounts.. at the end of the day we the users are keeping this network and working for Steemit Inc but yeah we are getting paid for it with small amounts of Steem or Steem Dollars, but they who "created" or "developed" this can print unlimited amount of new currencies.. then we are just replacing central banks from printing but we are giving that authority of central bank to Steemit Inc or its CEO ned.
In the end, whoever will have more Steem Power to generate newer Steem or Steem Dollars will play the roles of Central Banks...
I agree and disagree. right now all these cryptos are quite young and basic. whales problem can be addressed and hopefully WILL be addressed. if you look at number of coins right now, only handful of them gained mass popularity and are actually used for something else than speculation. XMR for darknet payments, LTC for payments in general, ETH for dapps etc etc.
still, I believe that if something goes seriously wrong in ie LTC land, people would switch to something else. I dont think we should think of national crypto currencies in this new scheme - more like popularity :)
best regards, thank you for kind words