Nick Szabo  🔑

Blocked, dimwit. Regardless of voting they are for most users at any substantial social scale complete strangers. Before you call people names you should try doing something extremely basic like counting people and thinking about how well they can know each other.

So, like the president of America? Imagine if there was 21 simultaneous presidents and more than 100 presidential candidates who you could be vote in or out because the election never ends and they could constantly be held accountable?

Then that would be 20 more people you'd know about 1/20th as well as you'd know one (and even one would be hardly at all -- how well do you know Christian Sewing or Jamie Dimon?). Either way, an utterly idiotic way to run a cryptocurrency compared to secure automation.

Nick nails it. In fact, even if you do know those people it doesn't prevent them from freezing your money. What is the difference to the current system of central and commercial banks?

The difference is that banks have hundreds of years of experience and know vastly more about how to do permissioned finance than these utopian hyperconfidence artists.

They are not a complete strangers, but true.

At any substantial social scale they are for the vast majority of users complete strangers.

The successful ones no. They have to be active on soc. media and give some value back (tool, apps, improvements). It will be a constant marketing and politics to get to the top 20.

It was actually a honest balanced criticism of EOS. There will be contant political fight for power.