The main value cryptocurrency has added to our world stems from recent breakthroughs in computer science & their radical ability to reduce formerly needed financial governance, not from advances in governance itself, which have historically taken centuries to millennia to evolve.
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Will take at least a century for these technological changes to fully play out within the domain of financial and political governance.
This time it may be less than that, because "mainstream" finance is currently running their own radical experiments in centralized digital systems, which are politically vulnerable and subject to catastrophic failure, and will so degrade or fail in most cases in under a century.
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Global politics seems to be fully backing those radical and dangerous FinTech experiments and not surprisingly call the crypotcurrency models radical and dangerous experiments. Hope their catastrophic failure will not cause politically catastrophic failure. But not unlikely.
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Oh I definitely don’t think it will take that long to see large shifts begin to take place. But for those shifts to settle into a novel geopolitical / economic order will likely take a while to unfold.
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And that’s in the cases where we sufficiently thread the many other needles we’re busy creating for ourselves.
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In under a century AI will probably be smarter than us leading to a whole different economic scenario. Goodness knows how that effects finance.
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Will be expedited by a catastrophic event. Another financial crisis will do the trick
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