Comment author: Jan_Kulveit 04 April 2018 10:40:55AM *  6 points [-]

The articles has quite a lot of arguments, so to pick just one manageable topic: I think it's worth to dispute, on empirical grounds, the claim that cryptocurrencies lead to a redistribution of wealth which is somehow less centralized.

According to https://howmuch.net/articles/bitcoin-wealth-distribution about 4% of addresses own above 96% of wealt.

In comparison, in relatively strong European states the top 10% own just above 37% of income. (http://wir2018.wid.world/executive-summary.html)

Comment author: Queuevius 05 April 2018 12:15:57AM 0 points [-]

Very good points, particularly about how decentralized wealth distribution's been using crypto-technology so far.