Can a fully decentralized system provide the kind of governing authority required to inform new users that they are in danger from something which must be ok because, hey, 12% of the value in the entire smart contract ecosystem can’t be wrong?
Mortal Hazard: the DApp ecosystem, other people’s money, and the prospects for a long-term…
Vinay Gupta
988

Yes. It’s called a democratic nation state.

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