However, traditional financial governance is poorly adapted to the digital era. Digital centralization is a vulnerable way to handle wealth. Once political activists discover this it will become highly exposed to the ever-changing political whirlwinds. https://twitter.com/jhamel/status/991167409129172992 …https://twitter.com/NickSzabo4/status/953329779125596161 …
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Agreed. I’d add that a “walk before you run” approach that is go to semi-centralization then full-decentralization is a good medium term goal that will help full decentralization.A phased-approach decreases the probability of full scale war between centralized and decentralized.
Does using a thin-walled safe make expressing distrust in one's neighbors by buying a safe less controversial? I don't see how this actually helps.
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The answer is no and I see your argument. But the general public doesn’t yet buy the “safety” aspect, as there are crooks in the crypto space, and that lack of trust in security hampers decentralization. More “education” is needed on the security that decentralization enables.
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Linux is an excellent example. So if say a bank or asset manager would “Linux one of their business lines” that’d help a firm learn more about decentralization hands on. It’s not full decentralization, more like semi-centralization but helps learning about core concepts.
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