Re:An everything app is terrible for liberal democracy
by some_random on Monday October 10, 2022 @11:52AM
(#33152954)
The consistent problem with decentralized everything is fraud. Centralized organizations spend immense amounts of time and effort fighting fraud and ultimately eating some of it as a cost of doing business. As soon as you start decentralizing, either fraud needs to be eliminated entirely (good fucking luck with that lol, if you have a way to do this there are easily millions in it for you elsewhere) or it's going to be shouldered by users.
[ Parent
| on HN ]
Re:An everything app is terrible for liberal democracy
by TEP_Kim_Il_Sung on Monday October 10, 2022 @11:55AM
(#33153005)
But who will guard the guards?
Re:An everything app is terrible for liberal democracy
by some_random on Monday October 10, 2022 @12:04PM
(#33153101)
In a centralized business, it's a standard corporate governance model. Which works great except for all the times it doesn't lol, but it's a known quantity. I've never heard of a decentralized equivalent that isn't just centralization with some extra steps.