You can't beat politics with new technology all the time
The interview makes clear he has a communist/socialist mindset.<p>Community owned banks? We have those in Spain, and those were the main culprits of Spain's banking crisis because they were just politician's toys both on left and right wing communities.<p>It's not that we distrust politicians: people just can't be trusted, not even the people with good intentions! Economy can't be regulated effectively and public banking demands high levels of regulation to prevent bad behaviour... which is very hard (impossible?) to do right. People with money will always be able to go around good legislation, while the common citizen still has to fight against the system's errors.<p>He proposes fighting the State with the State instead of with techonology. My opinion is that more State won't fight the State, it will just make it a bigger monster to fight against.