Bitcoin is a disaster
&gt;The scarcity of block chain space has led people to re-invent every last feature of the banks they thought they were going to be escaping.<p>This is a pretty funny point because every time I go on twitter and see people talk about crypto, what they&#x27;re essentially having is a discussion about public policy, and often they seem to try to reinvent institutions that already exist without even knowing it. From market-makers, exchanges, insurance and so on, precisely as the author points out all the dreaded middlemen they were trying to avoid