Cryptocurrencies is the future, one way or another.
We need to get rid of traditional banking, improve the blockchain process and find a way to block mining, then we are much more efficient than traditional banking because you can easily do thousand transactions within milliseconds without depending on external middle mans.
My idea is that Govt. takes over cryptocurrencies and that traditional banks monitor and improve the system. So you still have your bank, the govt is happy because they can monitor potential fraud and we get a more privacy respecting system.
The entire ponzi scheme discussion only stands and falls with mining. If that is out of the equation then we are pretty much ready to go, China uses their app, so there is no hard cash anymore and it works pretty well for them.
Nonsense video, underlying problem is monopolies and private companies who develop the standards, not what browser you use.
If the standards are fully open, transparent and not concerning then it would make no difference if you use chrome and firefox because everyone would use same basis.
Also chromium team is not purchased or owned by Google, most volunteers are normal people, developers or security researchers that code on it in their free time. You can fork, modify the source as you please but that does not change the argumentation about web standards and how build or control them.