So, RMIT libertarian types have been busy promoting Xi Jinping's favourite technology....

Well, isn't this ironic (in the wrong sense of the word - which is well overdue for a populist change of meaning.)

Berg, Davidson and Potts, the trio of libertarian/IPA economists have been busy writing boring articles to give them something to talk about at the international blockchain conferences they've been attending, and all the time it would appear that Xi Jinping has decided that yeah, blockchain is a great idea for government control.  From Axios:

China had a short, whirlwind relationship with Bitcoin before unceremoniously dumping it last September. Now, President Xi Jinping calls the underlying blockchain technology a "breakthrough."

What's going on: Xi is differentiating between cryptocurrencies and blockchain. In his view, Bitcoin and other cryptocurrencies could fuel financial risk and even jeopardize Communist Party authority. But in blockchain, he sees something he cherishes — even greater government control.

How it works:

• Blockchain technology uses a network of computers to create a record of any string of events, from financial transactions to the origin of an oyster. Every time the thing being tracked changes hands, it's publicly recorded, so its legitimacy can be verified while eliminating human intermediaries.
• Cryptocurrencies — Bitcoin being the most prominent — are digital monies that live on the blockchain.
• Those distrustful of governments are drawn to blockchain for its anonymity. But if only a few can enter transactions, blockchain could increase government power.

I've read stuff before about warnings that cryptocurrencies and blockchain may end up being quite attractive to authoritarian regimes:  see this article in The Atlantic, which I may have posted about before:

In certain circles, the technology has been hailed for its potential to usher in a new era of services that are less reliant on intermediaries like businesses and nation-states. But its boosters often overlook that the opposite is equally possible: Blockchain could further consolidate the centralized power of corporations and governments instead.

Even without Xi taking away anonymity as a feature of blockchain, some were warning that Bitcoin wasn't exactly the anonymity dream of libertarians after all.  

Or am I being unfair - are Berg and all writing stuff about how to defeat authoritarian applications of blockchain?    I don't really see how it is possible anyway - can't governments just legislate their control of entries onto key blockchain uses?   If so, what is the whole point of Berg, Potts and Davidson's excitement?