Hubris and ConcernstrongpbrpCould Distributed Ledger Technology Replace Modern StatesstrongpbrppBitcoin, Venezuela's Petro and Facebook's Libra. Accused of enabling drug dealing, circumventing sanctions and undermining monetary policy, cryptocurrencies make headlines. Tech enthusiasts even predict a future entirely governed by cryptocurrencies, Blockchain and Distributed Ledger Technologies DLT. Meanwhile, lawmakers call Mark Zuckerberg to testify before Congress, the EU prohibits Facebook's Libra until its implications are researched and China bans cryptocurrencies altogether.ppbrppAn unsettling question arises Are Distributed Ledger Technologies capable of replacing modern statesppbrppYet let us take a step back What are Distributed Ledger Technologies And what are states In fact, the answer to the question titling this book crucially hinges on how we define these two. In fact, neither DLT nor states are predetermined entities, but social and material realities that emerge from a con