I just hope that any solution adopted doesn&#x27;t aid or reinforce cartel-like behavior. We already have a financial system where the incumbents can easily block the entrance of a new, nimbler upstart that would disrupt existing institutions and increase productivity.<p>The article even mentioned at least one existing institution that has an incentive to preserve the problem to which they are the solution:<p><pre><code>    &quot;Indeed, some companies involved in the project may feel 
    threatened by existing efforts to reinvent the financial markets 
    with the blockchain. State Street bank, for instance, stands to 
    lose if companies start using Overstock’s technology to borrow 
    stock. In the US, the stock loan business is a $954 billion 
    market; State Street, known as an agent lender, is a big part of 
    that. Its future depends on getting ahead of the game.
</code></pre>
Relevant: &quot;The Shirky Principle&quot; by Kevin Kelly<p><a href="http:&#x2F;&#x2F;kk.org&#x2F;thetechnium&#x2F;the-shirky-prin&#x2F;" rel="nofollow">http:&#x2F;&#x2F;kk.org&#x2F;thetechnium&#x2F;the-shirky-prin&#x2F;</a>