I too have this feeling, and made a post about possibilities for traditional state functions in the blockchain: http://www.wallstreetcrypto.com/2013/12/distribu

I too have this feeling, and made a post about possibilities for traditional state functions in the blockchain: http://www.wallstreetcrypto.com/2013/12/distributed-anonymous-government-fourth.html http://www.wallstreetcrypto.com/2013/12/distributed-anonymou... It's a very fuzzy concept for now, but I'm sure someone will come along and articulate it better.