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RE: Anonymous Crypto Wallets are now Illegal in the EU

in #news2 years ago

I am absolutely in agreement we need to use decentralized governance, industrial, and communications. However, the nature of decentralization necessarily disposes of any and every one size fits all solutions to any of these problems, and that is exactly how decentralization outcompetes centralization across the board. Hierarchies take overlords orders and focus the corporate body on those orders, vastly increasing the power of those crackdowns, industrial production, or whatever. Decentralization does the opposite, diversifying the means of production, the products, the mechanisms, and naturally insulating them from others as cells of insurgencies are, because they are independent.

Matrix8 is a centralized institutional mechanism, and that is my source of objection. Institutions are liable to single points of failure, and if they're replicated across populations, this renders the entire population vulnerable.

Institutions are not any part of decentralization solutions that are potential of success, because they are also inherently prone to corruption and capture, just as we see all substantial polities have been captured through blackmail and bribery today. I cannot be bribed or blackmailed to douse the food I grow to eat with glyphosate, while a corporate officer certainly can, who will not eat the product the corporation sells. These are key concepts we will have to reckon, but I sure am willing to reckon with you and everyone how we can concatenate our efforts to create the blessings of civilization that depend on networks, society, and distributed capacity.

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First paragraph i understand and agree.

Second paragraph, i'm not so sure. i certainly did not think Matrix-8 was an institution. I see it more like a framework, a protocol, like Reticulum which is free and open source, and can be used by any group of people to help them come to consensus in more equitable ways more easily.

Now reading up on definitions of institution to try to understand.

Institutions aren't hardware. My understanding of an institution is basically a formalized hierarchy, and my recollection of Matrix8 is that it is indeed hierarchical and formalized.