blockchain will be useful in societies liberated from the patterned extractive power of the few So bitcoiners think the system is rotten beyond repair and and don't even try to fix it, just create a better alternative and migrate.

In the name of liberating us from moguls, states, and even climate change, crypto zealots are turbocharging the ideology of commodification (i.e. neoliberalism). What should we do? The only thing that will work is: To take over parliaments so as to legislate a corporate law that ends tradeable shares, and introduces the one-share-one-employee principle in its stead. To take over central banks and make them issue digital currencies on a distributed ledger that makes basic income possible. To take over governments and implement personal ownership of our data. In short, no algorithm will remove the need for a genuine revolution. Ironically the one-share-one-employee is a cool idea for a DAO.