[maxqin1]

> I just hope that fear of the old power structures doesn’t bring good people to ally with values that we would not want in a new system.

That's why people need to call BS on the current hype train. Otherwise, when a sufficient solution surfaces, people are going to distrust it just as much as the old power structures. And I'd say we're already getting close to that point.

The problem is, with equal distrust, people will tend to choose the option that doesn't require change.

[jl2718]

It is getting pretty ridiculous out there. The gas price today was higher than recent memory with about half of it spent on dog coins. Also, Vitalik is now far wealthier in dog coins than Ethereum. If he was a US citizen he would owe billions on that, and last I checked, the treasury doesn’t accept dog coins.

I’m kind of neutral on which financial system prevails so long as it’s the best for society. I stand to gain a lot more if it’s the cypherpunk version, but, I’m not sure that the conditions that would bring that on would be good. The rule of all aspects of society by a maniacal banking elite is pretty dystopic too though.

Ultimately I think the best monetary system will emerge through competition among societies. Obsolescence more than decision. That might take a long time, and perhaps it’s too hopeful. What evidence do I have for that?