> Take 10 or so trusted people or organistions worldwide, get them to each run a node, each of which coordinate via the Raft protocol or whatever. A distributed

> Take 10 or so trusted people or organistions worldwide, get them to each run a node, each of which coordinate via the Raft protocol or whatever. A distributed ledger is agreed on by each of those 10 nodes. then I'd argue it is still centralized - you have this 10 nodes acting as the traditional bank.