alt Hacker NewsI'd extend that a bit, in the same vein as TFA: you should always be aware of who you're taking freedom away from and who you're giving it to, in practical actual terms, when designing or deploying revolutionary technology.
If you deploy a non-government fiat monetary system... most of your users are going to be people who want to avoid government currency controls.
Consequently, without a counterbalance, they're going to skew the industry towards their needs.
In the same way that allowing the largest advertising company in the world to own the most popular browser in the world has some conflicts of interest.
Money sets strategic direction over the long term.
Which funnily is the dumbest thing ever. Because in order to use the currency you need to exchange it which means that you need input and outputs, you slightly obfuscate that but in the crypto chain everything is saved, so everything is traceable forever. Slip up once when extracting or get your wallet involved in unsavoury interactions and you're done. It's not a matter of if but a matter of when...