Wow, This is truly a revolutionary and amazing idea that Dan has. _“Everything would be on the blockchain that will create self self reinforcing virtuous cycle”._ However, since this idea is so revolutionary, it will meet with several obstacles along the way. The first step in overcoming the obstacles is by first defining them, we can’t defeat something we don’t know. 

# Capitalization Obstacle
As of this writing, according to CoinMarketCap.com, The overall crypto market is around USD 333 billions. That number includes every crypto markets, including Bitcoin, Bitshares, Steem, SBD, EOS, ETH, and others. **The question would be, is USD 333 billions a big enough number to make some changes in the world?** Unfortunately, it’s not.

There are 11 companies that are larger than that, US based alone. The 11th is Johnson & Johnson with USD 370 billions. Even if we double the number of crypto capitalization (because it may need to represent other market or exchanges that may not be listed on coinmarketcap), at USD 666 billions, there are still 5 companies bigger than that. The 5th would be Microsoft at USD 668 billions. The top number one currently is Apple corporation at USD 840 billions. That is only comparing crypto market as a whole with one company, not comparing crypto market against stock market.

As we can see, the overall crypto market is tiny. Too small to make a change in this world. We need to grow and enlarge the crypto market as a whole, and especially Dan’s EOS so that the amazing idea can be made into reality.

# Transparency Culture Obstacle
> … So you've got these verifiable provable signatures, you got built-in arbitration, you're only held accountable to your own laws. Every member of society can be bonded by posting a bond on the blockchain …
Putting everything on the blockchain for everybody to see and make social pressure as a “punishment” for those who don’t comply with, is going to be a challenge. Security aside, it is uncommon for us to have such a huge transparency and freedom combined together. For example, company A is free to give higher fee to customer C, because customer C had put a great review to company B that has tries to make hostile take over to company A.

Luckily the cultural obstacle can be changed slowly along with the grow of the crypto capitalization. Sudden change in culture might be resulted in riot or chaos, but slow changes are revolutionary.

# Middleman Involvement Obstacle
The fact that it is cheaper to be a middleman on the blockchain, doesn’t mean that the middleman will try to lower the fee. It may just mean that the middleman could take bigger profits. We can see this firsthand with EOSFinex. Bitfinex is currently trying to make a blockchain based crypto exchange. Later on when it’s completed, will the fee be substantially lower because it’s on the blockchain or not? Afterall, we can’t erase the middleman position, it is the lifeline of lots of people around the world.

Those three (3) are some of the biggest obstacles to Dan’s vision in my opinion. Dan has contributed his share by creating Bitshares, Steem, and EOS. It is now our job as the crypto community as a whole to push this revolutionary idea forward. Gradually doing things that will make changes but not too strong to result in a chaos or rejection.