Decentralization’s Challenge to Policymakers Is Coming

Decentralization’s Challenge to Policymakers Is Coming
“Decentralization theater” is something which crops up in my inbox on an almost daily basis. By this I mean the development, release and marketing of software which leverages decentralized infrastructure for one, several or even most of its components, but not all of them.The principal reason why an entrepreneur might decentralize most, but not all, of the things, is obvious: although calling a product “decentralized” is edgy and in vogue, writing software is a messy business that is never truly complete. Writing software on a blockchain is an especially messy business that is very difficult to fix.Preston Byrne, a CoinDesk…