Great post! Ya know,

This is something that decentralization fanatics don't usually understand. If there is a highly decentralized system, cooperation costs might become quite big. This is why many ad hoc governance systems will get stuck with decision making: it's just too expensive to get an agreement with everybody involved. With blockchain many of the participants are anonymous and pseudonymous, which makes it even more impossible.

that also really resonates with another post The Message is the Medium in that Coase's transaction concepts apply heavily to how we negotiate. The difference of messaging to state is maybe 100x in terms of costs when you think of anything bigger than a payment.