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by aflag
1622 days ago
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In a decentralized society, there may be multiple organizations deciding on when and how violent measures can be employed — and they could be as small as one person. If each organization thinks a different person is the owner of a property, that would be very unstable. However, if they all agree that a certain blockchain implementation of deeds is what decides ownership, then they can co-exist more peacefully. Not saying there aren't other hurdles, but that is certainly one of the big ones. That does require that most of the society agrees on some set of principles, but that's true of a centralized government too: most of the society has to agree they are legitimate. Going back to the decentralized society, everyone would agree that the blockchain determines ownership and currency. So, an organization that accept those is viewed as legitimate, one that doesn't is illegitimate. In that scenario, illegitimate organizations would be less stable than legitimate ones. So, the existence of a system that allows people to all agree in things like currency and ownership without giving that power to one specific organization is a step forward into making decentralized societies possible. Is it sufficient? Most likely not. |
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Ah yes. Because it's a well-known fact that it's so easy for everyone to agree on something.