2min chapter

Free Cities Podcast cover image

030 - Knut Svanholm: Seafaring, Praxeology & Bitcoin Spirituality

Free Cities Podcast

CHAPTER

The Negative Connotations of Decentralization

decentralization's superpower is that it allows to look at the market and find out what actually people want because they're all voting on it constantly with their action. But democracy is not decentralized, I don't mean voting as in a decentralized network like Bitcoin. So there's the decentralization of the decision making being made for you. We're making all these decisions based on a finite energy. Energy is already abundant. What's not abundant is the ability to harness that energy at a certain specific point in space time.

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