Quotes About Decentralization

Bitcoin and other cryptocurrencies are a form of money that's a stable field that the government can't destroy and can't distort. Because its creation is governed by the laws of mathematics. It can't happen any faster or slower than a certain rate, and it all sort of self-adjusts.

The satraps, in turn, were content to allow the Greek city-states to manage their internal affairs

And then Ehrlich's climax: "Let there be light. Let there be honesty. Let there be no running from nonexistent destroyers of morals. Let there be honest understanding. In the end the four-letter words will not appear draped in glaring headlights, but will be submerged in the decentralization of small thinking in small minds.

Small scale is critical to local life, to the ability of local people to control what happens where they live.

Something that came as a shock to me is that we do not have a constitutional right to vote. And that's not just a fun little historical factoid. It actually has huge ramifications. It's the reason our system is so decentralized - in other words, chaotic.

Instead of a single, monolithic system that tried to do everything, Turbulence consisted of nine smaller systems. In part, the various systems served as backups or alternative approaches, in case the others failed or the global technology shifted.

Segregated Witness was forced onto the miners by the community.

In the economic sphere, the program demanded thorough decentralization and managerial independence of enterprises, as well as legalization of small-scale private enterprise, especially in the service sector.

The free society is characterized by the radical decentralization of all kinds of power. Confederal structures do not rule over communities; they are the means by which communities cooperate.

Its true that contemporary technology permits decentralization, it also permits centralization. It depends on how you use the technology.

Blockchain technology isn't just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.

Deciding that the company is wasting too much money on duplicated efforts and thus moving to a more centralized mode. Ten years later, we want to encourage entrepreneurship and we move back to decentralization.

The interesting thing about blockchain is that it has made it possible for humanity to reach a consensus about a piece of data without having any authority to dictate it.

Gradually, decentralized trust will be accepted as a new and effective trust model. We have seen this evolution of understanding before - on the Internet.

The VC industry has benefited greatly from technology and the Internet, so I see how the VC industry is going to get disintermediated, decentralized, disrupted, so I can sit around and wait for someone to disrupt ourselves, or we can choose to disrupt or cannibalize ourselves.

What's needed are radically new organizational models that downplay formal structure. In a world of relentless change, trade-offs need to be made as close to the front lines as possible. Boundaries must be malleable. Resources, rather than being hoarded, must flow unhindered toward promising opportunities. Interunit coordination must be the product of nimble, self-organizing communities and market-like transactions rather than blanket policies or cumbersome councils.

el liberalismo no consiste en liberalizar los precios y abrir las fronteras a la competencia internacional, sino en la reforma integral de un país, en su privatización y descentralización a todos los niveles, y en transferir a la sociedad civil —a

La descentralización del poder es un principio liberal, a fin de que sea mayor el control que ejerce el conjunto de la sociedad sobre las diversas instituciones sociales y políticas. Salvo la defensa, la justicia y el orden público, en los que el Estado tiene primacía (no monopolio), lo ideal es que en el resto de actividades económicas y sociales se impulse la mayor participación ciudadana en un régimen de libre competencia.

the regional governments can't raise taxes. The source of revenue would simply leave for another region. In fact, the effect of decentralization without guaranteed funding and national or multinational standards is a competition between regions for the lowest possible tax rates. (III - From Corporatism to Democracy)

Central authority is bad. The bias should be for freedom. And without a central authority, there are lots of little authorities, and we learn which ones to trust.

When we want better families, better neighbors, better friends, and better schools we shall turn our backs on national and global systems, on expert experts and specialist specialties and begin to make our own schools one by one, far from the reach of systems.

I think a lot of things could be handled locally.

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

Every smart person that I admire in the world, and those I semi-fear, is focused on this concept of crypto for a reason. They understand that this is the driving force of the fourth industrial revolution: steam engine, electricity, then the microchip - blockchain and crypto is the fourth.