Sometimes it is just the right idea for the right time and place. We all should be aware how fast the world is changing around us and how we trade our human rights for freedom for convenience and security. Since all culture and social structures are human made we all have the power to change the system.
When I look at the fast moving fintech development space in China I see a lot of problems coming to us. Starting from banking monopolies, digital fingerprints and financial records up to human credit scoring system backed into their financial system.
It is starting that we are self-censoring our minds. When we talk with our friends on Whatsapp, Facebook or WeChat because we know its all tracked, analyzed and could come back to us later. When we start censoring our financial activities too and stop supporting like minded people our whole society is at risk.
I am convinced that digital currencies will balance the risks and give us all a tool to do financial transactions in private. It will free us like the internet.