Quote from: STT on November 07, 2018, 06:19:13 PM

If this were a private business, it would have gone broke, had its assets retaken by useful industry and replaced long ago because that path better avoids destruction

Before we had instant worldwide communication by radio and TV, the weak countries were taken over by stronger countries, similar to your failed private business example.

History of country and government changes from 5000 BC to current:
https://www.youtube.com/watch?src_vid=ymI5Uv5cGU4&v=-6Wu0Q7x5D0

Nowdays, countries with power to take over weaker countries would have to do it while all other strong countries watch, judge, or interfere. For instance if Russia, US, UK, Israel, or China wanted to take over Venezuela, the other strong countries would see it clearly and act in the best way they can. The political cost is far too great to take over another country anymore so they get left as-is. Now we have 15+ strong countries just watching Venezuela and the best each of them can do is let it be while the citizens starve and/or revolt. I agree this is the best strategy.

I congratulate Maduro for trying to use a new technology to help himself, his citizens, and his country. I think it will be many failed attempts, but most all attempts at positive change are failures at first. This version of his crypto plan is a joke, but much less of a joke than the version he presented 6 months ago. Maybe in 10 years he or his successor will figure it out.