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    So what went wrong?

    Nothing!

    Worse is better. Billions of dollars have gone into the cryptocurrency system and we have a new dotcom boom.

    Most of the money will be spent on the wrong things, but there is orders of magnitude more money going into actually solving the issues displayed by Bitcoin than there would have been had it not escaped the lab. There are orders of magnitude more enthusiasts coming up with ideas around it than there would have been if this stuff had been trapped in academia for a decade.