I really see bitcoin as a step to something quite a bit more ambitious: Algorithmic governance.
It seems like this article only concerns bitcoins, which would appear a bit narrow.
Crypto currencies are a large area. And in my opinion, we should not call it crypto currencies as much as crypto economies. when these are not merely niche markets, they will constitute full economies, with the result of constituting governance.
Eventually we are done adding the tech words like algorithmic or crypto, and we merely call it economy or governance.
All this is still quite far out, but probably closer than we relize.
It seems like this article only concerns bitcoins, which would appear a bit narrow.
Crypto currencies are a large area. And in my opinion, we should not call it crypto currencies as much as crypto economies. when these are not merely niche markets, they will constitute full economies, with the result of constituting governance.
Eventually we are done adding the tech words like algorithmic or crypto, and we merely call it economy or governance.
All this is still quite far out, but probably closer than we relize.