Thanks, I appreciate your thoughtful response. To your question, whether a vacuum of power will always be filled, I would be say likely yes. So might as well fill it up with something sensible. The best approach so far has been through the separation of powers: multiple counter-balancing forces.

Bitcoin brings separation of money and state, which is a huge advance and will have highly nontrivial consequences on the whole balance. Hopefully for the better! However, those entities losing power through this shift will surely try to recover it in some other way, so I doubt this will be a smooth and serene process.

(What is the next aspect that can and should be separated from the state?)

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