Once again: Crypto currency is about tearing down the old rules and institutions of banking and finding out one failure at a time why each rule and institution exists.
Man 2: Right now we're proving we don't need corporations. We don't need money. This can become a commune where everyone just helps each other.
Man 1: Yeah, we'll have one guy who like, who like, makes bread. A-and one guy who like, l-looks out for other people's safety.
Stan: You mean like a baker and a cop?
Man 2: No no, can't you imagine a place where people live together and like, provide services for each other in exchange for their services?
Kyle: Yeah, it's called a town.
However, isn't it kind of pessimistic to think that there's nothing new to learn from rebuilding existing institutions from the ground up based on new knowledge?
I'm by no mean a crypto apologist. I think it's important to discuss why those new ideas fail and what we can learn from them in the future rather than mock them for trying to reinvent the wheel.
New things fix some old problems, but also introduce new ones that we hadn't before. The value of solving the old problems is greater than the total cost of the new problems, why we stay with new things even when they add problems to our lives.
(We're probably not lucky)