When corporates adopt anarchist technology
Cryptocurrencies inspire a kind of quasi-religious fervour among their advocates. For true crypto-anarchists the invention of Bitcoin in 2008 paved the way to a world without central authorities and rent-seeking intermediaries.
It wasn’t long before those rent-seeking intermediaries of the financial world mounted an attempt to co-opt the radical new technology for themselves. It became trendy for executives to say that it wasn’t about Bitcoin, but the underlying technology: the blockchain.