Cryptocurrencies legal — Either a terrible mistake or a major breakthrough

Nicolas Cantu
ON-X Blockchain (Chain-Accelerator)
1 min readMar 22, 2019

If cryptocurrencies are “legal” then very quickly it will not be a societal alternative but will serve and facilitate the existing system.

Even if, in passing, the philosopher of the first will have enlisted by the massive money brought by the institutions in this case, even if they will then have a certain influence, the rupture with the current obsolete system will be impossible.

Cryptocurrencies need to have the recognition of their autonomy (legal, yes but on the good topic), it is a universal right to have a community freedom especially with the digital and cryptographic guarantees. And in this case, real alternatives to governance failures could save humanity from its flaws.

It also means that we must continue the search for a system without governance (automatic elimination of bad “versions” and decisions) which is really without a privileged part (there is still a lot to do), rather than trying to make better governance.

This is the debate between the proof of work (cryptographic) and the proof of stakes (of someone).

This is just the beginning, all tracks are exciting (despite the urgency).

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