I feel like the extreme decentralization people just ignore human nature which history has revealed time and time again. The wild west no existing power structure idea is great until some entity inevitably comes along and controls it and its not so decentralized anymore. Decentralization exists when a small enough community can be self-policing and actors have noble goals. That all changes when you get a single bad a…
> The wild west no existing power structure idea is Let me stop you right there. Decentralization isn't about no power structures, it's about decentralized power structures. Let's say you walk into the barn, slit a goat's throat, and throw it on the back of your horse to ride off back to your camp. I shoot you dead. In the Wild West, no one really knows how everyone will react. Who cares about you? Who cares about me…
So in this presented decentralized system, if I want to take a certain action - kill a goat, pave a road, smoke some pot, sell some soda - I have to check what the entire community's beliefs are, verify that none of them will think that my actions are worthy of killing me - or at least that at least 50% would defend me against the potentially aggrieved - or at last the guy with the biggest gun - before I can go ahead and slaughter an animal, or build a roadway, or grow a plant, or go into business?