I agree but there is one thing -- if enough of the crypto-rich convert enough of their crypto-money to "fiat" then eventually, we may have a class of billionaires even more disconnected from the traditions of society than the Silicon Valley crop has been.[0][1]
And these people may found universities, buy politicians, sit on the boards of art museums.
So, while I personally don't think it'd be a good thing, I think there's a decent possibility the "crypto people" will someday use the spoils of their business to dabble in large-scale social engineering, and in a roundabout way that's how the dudes with the bitcoins will leave their mark.
And these people may found universities, buy politicians, sit on the boards of art museums.
So, while I personally don't think it'd be a good thing, I think there's a decent possibility the "crypto people" will someday use the spoils of their business to dabble in large-scale social engineering, and in a roundabout way that's how the dudes with the bitcoins will leave their mark.
[0]: https://www.nytimes.com/2021/12/10/business/elon-musk-philan...
[1]: https://en.wikipedia.org/wiki/San_Francisco_General_Hospital
...I could go on and on...