this post was submitted on 27 Jul 2023
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Follow up question, is it possible to decentralize or balance power so that no one group can cause too much harm?
Now that's a great question!
We do need a slightly better tool than democracy, for sure
I like bitcoin. It has problem that coins have a 90/10 distribution - 10 percent of people own 90 percent of coins - but it is decentralized, you can keep your coins in offline wallets and maybe the 90/10 distribution can be fixed because it's just code.