[Barrin92]

this article is so full of grandiose claims even in the first paragraph that it's hard to comment on. Blockchain tech isn't going to replace nation states or even financial systems because trustless systems do not scale. There is no economic incentive to replace smooth running low-cost transactions with expensive blockchain transactions. The appeal of blockchain is purely ideological.

That aside I am at least thankful that someone points out the very obvious political failings of decentralised systems, they tend to be pretty tyrannical, and of course full of power disparities and 'law of the jungle' logic.

The much more mundane prediction is that blockchain tech, if it has any utility, is leveraged by government to for example circumvent sanctions and whatnot, and you get something like the Pedro, which as far as I'm aware hasn't replaced the very armed Venezulean government. You'll get a "socialism with Chinese characteristics" situation, where everything has weird crypto-jargon but functions like a normal system.

[ChainOfFools]

there is a Twitter account called "The Center For Decentralization" that used to post about this issue, but seems to have gone inactive for a long time. Too bad because the name of the account, with four words, sums up the core paradox of blockchainism better than anything I've seen since.