[pwndByDeath]

My hot take, crypto(currency) is for pure peer markets, since all individuals are accounted for by a government its not especially useful for people. However, governments are essentially peers without some disinterested third party with the power of enforcement. This is place where crypto lives.

[db48x]

Yea, something like that. Although even there you still have bond ratings and just straight up reputations to tell you which governments are trustworthy enough to do business with, even without a blockchain.