The crypto anarchist theory may be “complete” but I say it throws out the babe with the bathwater, seeks unrealistic individualism where mankind needs to organise realistic voluntarily cooperation and where unfettered authority needs decentralised checks. It is not a matter of throwing it all out, the job is to add what’s missing.

So, as wealth and prosperity need specialisation combined with rule-bound cooperation, I think that there are two missing elements to go to a proper democracy:

(1) Methods and systems (to build) which help us get to good rules and abolish bad ones, which work for the general good without unjustified power to loud minorities. The best one I could devise I call statistically-representative democracy, it is a massively-parallel decentralised institution with enormous bandwidth to handle such issues. We will use the principle for the governance of Bitcredit Protocol.

(2) Methods and systems (to build) which help us to appoint individuals to executive positions limited to manage missions as per (1) while ensuring control and liability. An intriguing decentralised method for this was devised in ancient Venice for the election of the Doge, a modernised version could revolutionise executive appointments in modern times.