One area where "decentralised" not only doesn't work but it's actually dumb is business corporations. A prime example of this are DeFi protocols and DAOs in ge

One area where "decentralised" not only doesn't work but it's actually dumb is business corporations. A prime example of this are DeFi protocols and DAOs in general. In the context of decentralised organisations, decentralised means some functions (often times critical business functions, such as credit approval in a lending institution) that are usually performed by the organisation, and specifically by some specialised workforce, are instead outsourced to the shareholders. In effect, paid professionals are replaced with shareholders who likely lack the skills and resources necessary to do the job.