A paragraph from the previous essay by the OP comes to mind:
> Less sardonically, there is a lesson here: systems which intermediate between cultures are useful. Intermediating between cultures is a thing the world urgently needs and is extremely prepared to pay for.
I don't think decentralized currency will actually solve the issues travelers have with this, at least without reproducing much of the infrastructure already in place for traditional currencies.
> Less sardonically, there is a lesson here: systems which intermediate between cultures are useful. Intermediating between cultures is a thing the world urgently needs and is extremely prepared to pay for.
https://www.bitsaboutmoney.com/archive/financial-systems-tak...
I don't think decentralized currency will actually solve the issues travelers have with this, at least without reproducing much of the infrastructure already in place for traditional currencies.