Global Feed Post Login
Replying to Avatar jimmysong

Efficiency is not the end-all. That's something that fiat money encourages because of the constant need to keep up with monetary expansion. Centralization is the end-state of over-indexing on efficiency because scale is the easiest way to achieve it.

There are other qualities, like resilience and innovation, where you can look for alternative ways to do something which aren't explored much in today's economy. There's a lot of interesting things that have been locked out from an economic perspective from being explored. We're now finally beginning to explore them because we have the room to do so with Bitcoin.

Avatar
Brisket 9mo ago

I had this discussion last night with nostr:nprofile1qqs2a6z08rggz9fa76xr8mjzx5yrwrymt5x3j4vg7v4mqdfv02v298qpzdmhxue69uhhwmm59e6hg7r09ehkuef0l324pz& another pleb.

If resilience is important, we need to resist the temptation to centralise coordination.

As you say it's much more efficient to centralise but then things become more fragile & open to corruption/capture.

Empowering others to be their own leader is a more chaotic & resource consuming path. You end up with diverse & resilient systems with few single points of failure.

Reply to this note

Please Login to reply.

Discussion

No replies yet.