We all instinctively recognize the perils of centralization and large-scale defaults.
We're just beginning to get a sense of the perils of decentralization and small-scale defaults.
What lessons have you learned so far?
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I disagree with "we're just beginning..." We already know perils of non-hierarchical decentralization, it's why we have localized but not purely-sovereign republics. So many lessons.
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Only a small fraction of humans ever experience a foreign country. For practical purposes most of us live within highly centralized systems and have poor instincts around decentralization (e.g. crosschecking news from multiple sources as an instinctive habit)
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Failure can happen quietly in some dark corner, and no one notices until it becomes a crisis
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“Fake News” is an example of one of the downsides of decentralization. We lose Central authority and therefore trust.
In the long run, this should be overcome through a more effective decentralized information process (e.g. better transparency).
But short run is uncomfortable.
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Decentralization is more than a different way efforts are organized/funded. It reflects/undermines common cultural ties.
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Ungoverned things govern themselves with existing implicit structures.
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That sometimes size matters as much as scale. Even in -relatively- decentralized organizations, there are still critical pop. thresholds.
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