Cryptocurrencies are basically what happens when privileged nerds don't like the restrictions in existing currency systems.
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So they do what they do; reinvent it poorly, without incorporating any of the actual lessons learned working with existing.
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But hey, cipherpunk woo! Stick it to the man! Make your own money because you can write software!
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I'm looking forward to when we melt down nuclear powerplants because someone tried to buy a pack of gum.
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The irony is that the existing system will likely adopt a blockchain type ledger for intra-bank transactions and such.
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In ten years, the most successful blockchain might very well be the one that backs the existing financial system

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Whereas Bitcoin and the like will probably collapse because a number of reasons, like control, heavy criminal usage, etc.
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While a few privileged men, quite likely white, will have profited from its boom and bust. All so very familiar, hmm?
End of conversation
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