2min chapter

Intelligence Squared cover image

The Sunday Debate: Blockchain, Quantum Leap Forward or Digital Snake Oil?

Intelligence Squared

CHAPTER

Cryptocurrency Hacking

The promises of decentralization often fall slightly short, but i don't think we are thinking widely enough. Government is not going to sit by and let tax raising power disappear because everyone's using crypto currencies that are hard to trace. Governments will take them over, and they'l run them. And then the kind of the dhelibetarian dream, the exciting dream, turns into a bit of a nightmare, and it becomes a perfect sort of surveillance system.

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