No dude, democracy and capitalism did not make a long peace, the threat of nukes annihilating the planet forced the big dogs to have proxy wars in countries without nukes and the slaughter continues into the present day.
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Skip ahead to 34 to see Ned address the issue of whales and SMTs.
Also Vincent isn't really wrong when he says that it isn't really decentralized, this is true there's a lot of centralization issues, and he's also right that there is outside speculation going on and not much interest in internal use of the coins for purposes other than gambling on their future value.
Interesting moment by moment commentary and analysis by you!