The power of the market in a more open currency selection system will mean that cryptocurrencies are expected to play an important role in forcing these politicized central institutions to better manage their people’s funds.
I think the only thing that will truly incentivize institutions to better manage things, is people making an effort to be more informed and better educated. To cite an example of this.
Americans always complain about healthcare and how bad it is. Very few americans can explain exactly how healthcare is broken. The majority do not understand problems and obstacles related to reforming healthcare. Not knowing the basics on healthcare renders people powerless. Whenever a good healthcare proposal is put on the table, the media fools the public into hating it. And every time a terrible healthcare proposal is on the table, the media fools people into supporting it.
Accurate information and understanding issues are the most relevant ingredients determining what institutions can get away with it. Not being informed or educated guarantees people will be taken advantage of. The only way things will improve is if people can do a better job being accurate on topics and supporting the right people and things.