Excellent article. You know, we had a chat a few weeks ago on Facebook. I think in that little exchange of words there are lessons comparable to an MBA degree:))))
Now, when I started sniffing in the crypto world I have some question.
If crypto will be something for the elites and rich people in general what will happen with things that we are taking for granted right now and which are usually handled by governments (health, education, roads)?
If we will start isolating in this crypto world and exchange value between ourselves what will be the destiny of less lucky people and in the end of the whole ecosystem in which we live?
This separation already exists. There are people out there who are asking to live in a prison, because they value predictability and safety more than freedom. There were always in our history, and they will continue to exist. We couldn't see them, because the layer of what we called "value" was still compact, it didn't engage in this fragmentation we're seeing now, with the rise in relationship automation. We were all using the same "money" because we didn't have alternatives, although we were thinking differently. Now, we have the possibility to channel our trust in other ares, and "money" and "governments" will follow this trust.
So, to answer your question, nothing will really happen, although it may seem like it is...
Posted Using LeoFinance Beta
If we will move more business from FIAT currency to here, the taxes paid to governments will drop. This will make them unhappy. They might even start banning the activity. This is where I'm pointing at. Of course, if it takes too much traction. Otherwise you are right, separated groups always existed.