> Once you have a singular authority you can just let them decide, and you'll have no need for an inefficient cryptocurrency. Unfortunately the mass of confuse

> Once you have a singular authority you can just let them decide, and you'll have no need for an inefficient cryptocurrency. Unfortunately the mass of confused language around blockchainism has made its own miniature political weather system, and consequently there is a growing niche for such Potemkin Decentralization models. I would even buy the argument that all decentralization models turn out to be mere smokescreens that misdirect the focus of critical attention on to one aspect of a complex system, only to obfuscate de facto centralization accumulating in a different part of that same system. By the time this concentration of leverage has become too dominant to hide, the new Potemkin Decentralization system has made serious inroads into the incumbent it seeks to displace.