> I look forward to the day where the JPM's and the like are put out of business for this sort of thing due superior, user-friendly technology
That seems like a good thing for cryptocurrency fans to start working on. Part of that would be looking at the big problems which have prevented it so far, which aren’t really technical as much as philosophical: practical reasons to switch (which is to say being competitive on pricing), barriers to adoption (i.e. until most people you know use a system its benefits are mostly hypothetical), and not having a fraud story other than “we’ll say you should have had better opsec”.
That seems like a good thing for cryptocurrency fans to start working on. Part of that would be looking at the big problems which have prevented it so far, which aren’t really technical as much as philosophical: practical reasons to switch (which is to say being competitive on pricing), barriers to adoption (i.e. until most people you know use a system its benefits are mostly hypothetical), and not having a fraud story other than “we’ll say you should have had better opsec”.