RE: Are We Thinking Too Small When It Comes To Cryptocurrency?

Imagine what crypto-currencies and smart contracts will do for insurance.

The entire insurance industry ... gone.

And their overhead and skimming ... gone.

And this will happen to all the financial industries.

Then we actually start moving into something like intelligent real money.
Where you can't accumulate millions of dollars because no one person could work with that much wealth.
Not in a manner like you bank account is capped at $100,000 but that you pay the cost of having money sit still. Since every crypto will be tied to an actual asset that can be traded, so there can't be more crypto then goods.