[CRConrad]

> In a decentralized society, there may be multiple organizations deciding on when and how violent measures can be employed [...] a system that allows people to all agree in things like currency and ownership without giving that power to one specific organization

What, did you read Snow Crash as u- in stead of dystopian? What's to say they'll all agree?!?

The important point is what happens when two of those organisations disagree. What happens when I have Mr Chen's Robot Dog Republic saying I own a property -- because they have the blockchain to prove it -- and evicting you on my behalf, while you have the Cosa Nostra Pizza Delivery Co. saying you own it -- because they have the blockchain to prove that -- and evicting me on your behalf?

Civil war, that's what happens.

Decentralising stuff that everyone needs to agree on sucks.