> They remove the responsibility of a centralized administrator if shit hits the fan. I'd argue that they remove the liability of a centralized administrator b

> They remove the responsibility of a centralized administrator if shit hits the fan. I'd argue that they remove the liability of a centralized administrator but not necessarily the need for administration. This is why you see coins/tokens with some kind of voting scheme. Will be interesting to see if at some point in the future we see voting rights as presenting a liability.