The conclusion from Garbage Day:
We have an entire class of wealth holders now who have assets that are not connected to any particular country. And the biggest diehards among them are dreaming of a world where their assets are never converted back into a fiat currency. Whether it’s private islands or Martian colonies, these people will continue bucking against traditional ideas about citizenship and sovereignty. And a lot of it will be, at best, wildly embarrassing, and, at worst, Fyre Fest combined with a humanitarian disaster.
…But definitely read the whole thing for context.
Meanwhile, this anti-crypto thread vs. this one nitpicking some details.