Everyone uses petroleum-based products and infrastructure, but nobody pumps and refines their own oil. 

“Everyone will be on crypto” is perhaps true in some subtle invisible sense we don’t grok yet, but the way the line is trotted out today it sounds exactly like “everyone will pump and refine their own oil”

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

Reminds me of the Foreign Policy op ed where Balaji said everyone would arbitrage global currencies on blockchain rails