Yeah, it's really tough, there's so much potential good, and so much potential bad. My intuition says that decentralized will probably be better, the other way

Yeah, it's really tough, there's so much potential good, and so much potential bad. My intuition says that decentralized will probably be better, the other way seems to concentrate power while also not really keeping it out of the hands of anyone. It doesn't seem likely that the US firms will be able to convince the Chinese to agree to an international regulatory framework for this stuff. Opinion polls there have the populace being quite optimistic about the benefits of this stuff, and I think the cat's too far out of the bag to really put it back in, anyway.