Re:“In 2018 the blockchain/decentralization story fell apart”
by majewsky on Tuesday January 01, 2019 @07:44PM
(#18803385)
Also, the number of sovereign nations is just one measure of centralization of power. Economic structures are now more centralized than ever (with, in many cases, a handful multinational megacorps controlling most of each sector).
From my study of it, it's closer to a ratchet. So while dissolution might happen at the highest organizational level, the hierarchies trend toward growing over successive cycles.