You are exactly right. And you can see the same thing with the Internet as a network as well as with Bitcoin. Both of those can, by design, be run by individua

You are exactly right. And you can see the same thing with the Internet as a network as well as with Bitcoin. Both of those can, by design, be run by individuals and independent entities. However, in the end most people end up preferring to delegate the administration of their share of the network to someone else, either out of ignorance or convenience.