IBOR is needed.
BUT watch out for John Perry Barlow and others who want to use the internet tode stroy nation states.
IBOR must be an expression of sovereignty where enforce the Bill of Rights on the internet. This is something Barlow was opposed to. Barlow wanted to destroy sovereignty.
Block chain is designed to destroy nation states. Even if you are super libertarian, you must realize that if we fail to have a nation, the the chi coms, the nazi EU and the islamists will enforce their oppression on us and enslave us.
Read silvio gesell's book natural economic order. His stated goal wasd estruction of the nation state by open and prohibition on nations from controlling money supply, enforcing borders, enforcing tariffs. He, likeb arlow promised the ultimate freedom, butl ike marx and hitler, the result is death and Enslavement.
Gesell even states he wanted to get rid of Christianity because it interfered with eugenics natural selection. This is why charitabke foundations absorb 90 plus percent of donations, to prevent Christian charity from interfering in natural selection. The clinton foundation in haiti was a UN sanctioned eugenics program.