Dan's vision is compelling in the crypto space, partially because of what i perceive as a lack of conversation about the political and social change the decentralisation could bring. We should all be thinking about the political possibilities for changing the world into a fairer more evenly distributed place to live. Yet the myth of the free market troubles me, the "free market", really isn't free at all, its a highly regulated set of laws that allows corporations to extract wealth from a population and its resources.
Striving for excellence often isn't driven by the rewards for profit.
Whilst every dollar made in profit, the state must spend in order for that profit to be made and in its current form that means socialism for the powerful corporations, and capitalists scarcity for the poor. There is no free market, only laws that protect the rich. Without these laws no corporation would have the means to exist in the first place, no educated workforce, no roads, no courts, laws or governance to control their profit making activities. This paradox is central to decentralisation, yet how this could ever exist in a tax free system remains to be seen. Would a company that operates as a non profit have any less ambition to achieve excellence that that of a profit making enterprise. If excellence was assessed by the welfare of workers and the quality of life that company contributes to that community or nation or planet then maybe we could reach for real meaningful change? Non profit corporations that are paid for their total contribution to society and rewards distributed to individuals invested invested with their time or resources. The Norwegian sovereign wealth fund is a good example of wealth redistribution, accumulated from North sea oil and gas in comparison to the UK with sold it rights to private companies.