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by shanusmagnus
3023 days ago
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While there's a lot that could be written about what decentralization even means, or how to measure it, no reasonable definition would require a decentralized system to be entirely outside of the influence of everyone all the time. For instance, Satoshi told people something that all participants considered reasonable, and so the participants reacted accordingly. Systemic reasonable behavior is not inconsistent with the principle of decentralization, it's a consequence of it. The origin of systemically-reasonable policy is orthogonal to the idea of decentralization, unless that origin is structurally mandated. |
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But I'm with you man, if we as a decentralized group come up with a reasonable hierarchy of trust supported by free speech and democracy, then we can create a systemically-reasonable Money that we can all agree is good.