Crypto will make governments and big corporations more, and not less, powerful — consider how the blockchain helped titans like Walmart and Microsoft grow their profits, or how China can dominate more of the world’s countries and economies thanks to tokenized currency.
Alternative scenario:
If big businesses with stable share prices were to publish their own (crypto)currencies, then potentially governments could be become less influential in economic spheres.
It can be said that nations and economies are two ways of organizing human societies. The prevalent view up until now has been that economic actors are subservient to governments. This view could be challenged in the future if businesses where to publish their own currencies, which would contribute to reducing the power of governments to interfere with the business world.
