It is time we stopped pretending these platforms are trust free, and instead recognize that we will always end up trusting someone with the power to fix bugs. The power to fix bugs is the power to destroy.

I was talking about this with my dad. It feels like there is no way to escape the Greek classics on political philosophy. Whenever decision making and ressources are involved, we have to deal with politics and governance. In the case of blockchain technology, the devs are the legislators, the "smart" contracts the legislations, etc.

Blockchain forces us to reconsider the way we come to consensus but to this day, we haven't been able to find an alternative to what was brought forward thousands of years ago.

Posted on hackernews: https://news.ycombinator.com/item?id=11924892 please upvote.