I think the way Crypto bulls sell this analogy is flawed.
Internet had no competition from any other industry. It was nothing like anything that ever existed. In terms of Internet's development itself, we went from dial up to optical fibers. People in 21st century who use internet have no idea about pains of dial up connection.
Crypto is replacing something that has existed for centuries - the financial system. The financial system being challenged has itself kept up with changing tech, albeit slower than expected. This system is corrupted, exploitative and doesn't provide equal opportunities to all who use it. Crypto has to better the existing system by making things better. But the main point is, crypto itself is the next evolution of financial industry. Internet was a new industry of its own.
Its fine to blame gov for somethings but for low supply? Really? NIMBYs are the only ones restricting supply in the Bay Area. They are the voters too and millenials don't vote as much on such non-trivial issues.
As for CA prop 13, also voted by people. Don't like it? VOTE AGAINST IT. Else, stop complaining. The system is working exactly as voted by the people who vote. If this is such a big issue then why are people consistently voting for them?
I don't want to be that guy but I feel like Americans and majority of the democratic World have forgotten that the laws they keep criticizing are the ones THEY voted for.
Protesting is fine but I never see voters take responsibility for their own bad choices. They are heavily influenced by so-called influencers and vote according to them instead of their own thinking. CA Prop 13 is something people of CA voted for. It is obviously working for majority of the people in CA. So whats the whining about? People of SF elected Boudin and are not signing enough recall petitions, surely its working for most people.
Democracy doesn't guarantee utopia, their will be some people mad about the system. But they have to accept they are in minority. There is no conspiracy, voters need to take responsibility for their own wrong choices first.
I can already see this happening in San Francisco. With the market street being closed to cars before pandemic hit. During pandemic, a lot of streets were marked "slow", so no entry to cars there and city plans to keep it that way. Some good hangout spots like JFK drive in GGP and Great highway are also marked car-free, I also heard something similar about Embarcadero in planning. City is also moving to make outdoor dining parklets permanent. All these moves discourage car ownership in every way and when you also consider transportation services like Revel scooters, Lyft electric bikes and Lime scooters, you can start seeing SF as a leader in USA. Not to mention, it is impossible to buy a used bike on CL at a reasonable price last entire year.
Internet had no competition from any other industry. It was nothing like anything that ever existed. In terms of Internet's development itself, we went from dial up to optical fibers. People in 21st century who use internet have no idea about pains of dial up connection.
Crypto is replacing something that has existed for centuries - the financial system. The financial system being challenged has itself kept up with changing tech, albeit slower than expected. This system is corrupted, exploitative and doesn't provide equal opportunities to all who use it. Crypto has to better the existing system by making things better. But the main point is, crypto itself is the next evolution of financial industry. Internet was a new industry of its own.