Cryptocurrency is in many ways a natural evolution of prior representational systems, though one that favors truth over state-sanctioned power. He characterized digital currencies as just the 21st centurys version of that flimsy paper money and also pointed out that the decentralized and open character behind them stand in contrast to the government-run property systems (and the financial vehicles that followed it). According to Lubin, networked open platforms will eventually serve as the foundation for collective common-good relationships, overall replacing an adversarial system comprised of corporations and customers.
There is no doubt that the cryptocurrencies are the natural evolution of money but right now the problem is that the cryptos cannot be successfully used as the currencies that they were meant to be because they are so volatile. If we have any hope of the coins becoming the accepted currency around the world then we are going to need more stability