Excellent comment! Wonderful stimulating discussion.

what is at the core of a financial system? What makes a system, what breaks a system? Even a good one?

While yes, human beings do create the systems - it may also be valuable to look at them as extensions of man's evolutionary development... As in, they are but a product of nature themselves, in a way.

Yes, people blame government, bankers, business magnates, etc - and there may be ridiculous amounts of cognitive bias in such judgements. It's near impossible to comprehend the larger scale of societal evolution and the vast interconnected networks of entities (economic, political, cultural, institutional, etc) and how they're all evolving as a product of this genetic code's simultaneous extract and programming.

It's easy to look back, pick out the faults of these systems, point the finger, and think "they" should have known better. But it's an ignorant stance, completely failing to acknowledge these systems were birthed in a completely different phase of human & societal development - and how they have served us in getting to this point.

Oh man, what a topic...

isn't it a little too idealistic to think that it will be that much better than our current system if people are the ones running it?

Thing is, part of the whole premise of the decentralization movement is the trustless component - removing middleMEN from the equation, increasing automation so as to take human emotion and manipulation out of the picture, level the playing field, etc, etc.

Of course, humans are still the ones programming it all, thus there is still room for the injection of flawed human logic and such. However, we are getting smarter, and the foundational basis for these new systems are largely mathematics and science - unbiased, unsusceptible to human B.S.

Granted, the evolutionary process is one that takes time, no ideal will be reached quickly, and we'll continually be balancing between these two worlds - moving towards one that is just, fairly objective as possible, and highly efficient, while continually evolving intellectually & emotionally, which shall no doubt influence the external projections of technological development.

Dang.

Quite the thought-provoking questions you posed! lol. :-)