The challenge is not a technical one, and cannot be solved with technology.

That's a meme lizard people implanted into the conversation so you don't try hard enough.

No, it wont, because you just made the same mistake they talked about. You assumed that its a currency implementation detail and not a power structure thats holding it back.

it 100% will

arbitration without state control will supersede the old system

it is simply better UX to do business without the hive interjecting

a new power structure can only be achieved through technology. OP has no clue and just spouts orange reddit talking points to farm karma

Can you give any evidence for this? (I mean statistically significant evidence worthly of your global, sweeping claims and not a tiny sample of cherry picked anecdotes)

Or is all of your statements just "trust me bro"?

there is a theory of value called "capital as power" they collected some "statistics" to support the claim that technology shifts lead to shifts in power structure, specifically: different modes of energy consumption fundamentally altered the power structure. they show the tie between technology shift, modes of energy consumption and differential accumulation through mergers and acquisitions.

in one decade people will see the shift from paper based "literate" industrial society to computerized "post literate" growing in speed around the time we are in now.

we still use the paper based "literate" state as an arbitration tool but it is too slow

in a time where the structure that is on the other side of energy consumption (it used to be industry, steel, machinery, ... ) is not physical,

the speed in which terms have to be settled has to be much faster

centralized systems have too much inertia to adapt

Good luck

good luck too