I can tell you as an opponent of cryptocurrencies.
Experiments on social systems, currencies and stores of value should start small and work their way up OVER DECADES to tens and hundreds of thousands of people.
Experimental stuff put into production, like Communism, can bring suffering for decades, if not centuries, to tens and hundreds of millions of people... billions, even.
So if the proponents want to revolutionize the system immediately for a 5% efficiency improvement, especially since many of them have so MUCH MONEY AND POWER to gain from this revolution, be very, very SKEPTICAL.
Frankly their odds to not be grifters or (smart) idiots are minuscule.
Experiments on social systems, currencies and stores of value should start small and work their way up OVER DECADES to tens and hundreds of thousands of people.
Experimental stuff put into production, like Communism, can bring suffering for decades, if not centuries, to tens and hundreds of millions of people... billions, even.
So if the proponents want to revolutionize the system immediately for a 5% efficiency improvement, especially since many of them have so MUCH MONEY AND POWER to gain from this revolution, be very, very SKEPTICAL.
Frankly their odds to not be grifters or (smart) idiots are minuscule.