RE: The Evolution of Technology: My kingdom for a horse!
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The problem we have today is we have far too many parasites. By "parasites" I don't mean the poor, I mean government workers and rent seekers that work in industries that would never exist if not for government regulations. We spend Trillion$ annually on garbage that nobody wants (almost the entire Defense budget is unnecessary, the middle part of North America could be adequately defended with about three nuclear submarines). If those Trillion$ were left in the hands of the people who actually created those resources instead of the government parasites who steal them, we'd all be MUCH wealthier. Well, all of us would be wealthier except for the government thugs who have no skills except butt kissing, stealing, and passing the blame on someone else.
The parasites are baked into the system.
They must exist because the system is designed that way.
If you kill all the parasites they just get replaced by more parasites.
We need an entirely new system, and crypto provides the seed for such a thing.