No doubt technology is changing the way we view things, in terms of changing governance I do believe that but I'm not expecting the rate to be very quick though as the government still have a lot of powers to ban and unban stuffs, although value cannot be gotten rid off except they have a better update to give.
Comparing both, I still think we need the government in certain areas especially in the provisions of UBA (Universal base assets), I don't really anyone else that will handle such cause in a organized and well defined manner.