Is decentralization the answer to the flaws of democracy?

[AlexTF.CCN]

Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/

Could be, if used right.

[1714078640]

1714078640

[1714078640]

1714078640

[1714078640]

1714078640

[Laxus215]

In my opinion decentralisation is good for democracy as it will give option to the peoples to express their opinions. In today's democracy it's easier to corrupt media's to do some work in some specific interested parties to divert minds of peoples by spreading wrong content and lies in the peoples. Due to which they become confused. I think DNN can solve this issue when their platform will be adopted by peoples widely.

[Awesomus Maximus]

This article brings some important points about voting in a democratic society. I like the idea of using the blockchain in voting. There are two parts to the subject of this article. Voting as it is today is indeed flawed, and something should be done to improve it. Totally agreed, and the propositions are reasonable. You could stake coins in a blockchain to sort of get more voting rights. But just combine voting with blockchain technologies and nothing more than that could make the whole process more effective and fair.

[Sylvial]

Voting as it is today is grossly flawed. The value proposition for decentralization to fix this flaw is welcome development. This is because, the current democracy as it is being practiced, is fill with a lot of deceit and corruption, especially in the voting process which is totally free and devoid of manipulation. Decentralization will definitely be the solution as it will be difficult to change the results in all the blocks

[KryptoKai]

In countries where you know that voting is rigged you need decentralisation to solve it. Democracy where you can vote for anyone but risk getting your limbs cut off of you tick the wrong box is not much of a democracy. Crypto will fuel the new movement where control is taken away from the corruption officials and everything is transparent

[andrei56]

Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/

Could be, if used right.

Decentralization is the answer to avoid the abuse of those with power, democracy is only an excuse, we do not live in a democratic society, you may think we do but that is false, that is why the same people get elected over and over again, bitcoin is a protection against those people that think that they can do whatever they want with the country and their citizens.

[Gralph]

Absolutely yes, this is because democracy has to do with representation of a group of people which often times, leaders wouldn't be able to represent the true need's, interest or will of the people,

Whereas, decentralization in the blockchain technology, the act of standing as a middle man is totally abrogated. This is because the  blockchain;  stipulates a decentralized ledger that deals with the inflow and outflow of transactions, devoid intermediaries.

Therefore, this is the advantage of a decentralised system over democracy.

[chokomenia]

Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/

Could be, if used right.

Yeah I agree with you, decentralized system will really solve all the flaws of the democracy because everything will be transparent and free from the manipulation been witnessed with the system currently

[KS03]

It seems like the governments are all to willing to let crypto have it's day in the sun.  Anyone else feel like they are springing a trap on us.  If we have decentralized money and voting the power structure is getting way out of wack.  Can't wait to see how this plays out.

[pageraji]

decentralization in finance it would be like jungle, the strong one like whales controling market,,blockchain and decentralization now change the world for revolution in financial.

[i7claufe]

Yes, it truely is. But the question is, What is the answer to the flaws of decentralization? Regulation? Then regulation itself has some flaws. Truth is we keep seeking answers to questions that would only lead to a different question.

[Chesterjems]

I think yes, decentralization can solve so many problems and it can be real the crypto's replacing economics in many countries in the bright  future. I can not understand when and who will it be but I am sure that it will be absolutely. Maybe for the next 5 years or quite later.

[melvingay34]

Hopefully it is in the future. I don't think it would work yet though, as soon as someone gets scammed they want government agencies to get involved.

[Cryptoguru274]

Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/

Could be, if used right.

The power of decentralization  cannot be overemphasized,democracy is supposed to be government of the people by the people which is a form of decentralization from the center, however many government have abused this privilege, however if this is corrected could solve the problems of democracy in the world.

[ND_INVEST]

This article brings some important points about voting in a democratic society. I like the idea of using the blockchain in voting. There are two parts to the subject of this article. Voting as it is today is indeed flawed, and something should be done to improve it. Totally agreed, and the propositions are reasonable. You could stake coins in a blockchain to sort of get more voting rights. But just combine voting with blockchain technologies and nothing more than that could make the whole process more effective and fair.

Blockchain allows to make sure that no votes of those inactive are 'used' for them and the info voting data is not faked. It is a really nice idea, but blockchain is a partner of democracy in other aspects as well. Decentralization means that there is no vertical hierarchy and while people are playing different parts in the life of society, they all matter equally. Blockchain could be used for managing any kind of data, really. People could be writing laws together with chains being articles from them. Every thought would be encounted, since nothing can be deleted from it. And yet I think that for current society it's a really bad idea. Unfortunately, most of people are easily manipulated by media, poorly educated and lack the acknowledgement of some basic principles of human rights. If we really want democracy, every person should be rational and well-educated, so that the decisions are not made in splashes of emotions. Honest, clever and ethical people are always the minority and if democracy wins, they will be mobbed by the huge aggressive cruel masses. I am not saying it's a good thing that we live in a society like that. But IMO only people meeting certain ethical and educational requirements should be allowed to make decisions. It would be great if everyone was like that. In this case we would have a true democracy, where blockchain would come in very handy.

[Binugon]

Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/

Could be, if used right.

The implementation of decentralization is not separated as a form of democratic principles, one of which is the participation and authority of each party

[MariaSerebrennikova]

I think that decentralization is very good for democracy and is able to solve all its existing problems, so I am happy to support the idea of decentralization and believe that this system is our bright future, which is able to solve many existing problems!

[paulscathedral]

Yes, absolutely. Now we depend on the centralized apparatus, which has been used for decades to dictate the conditions for life. If for Europe it is less critical, for my native country it is simply fatal. We are tired of living as we are forced to. Cryptocurrency and blockchain are our hope.

[AlexTF.CCN]

It could do wonders in countries were corruption rules... Venezuela for instance, if you could get the voting system to work without manipulating it, that could be amazing.

[kipozer]

If people could really take seriously all the new technologies and could really understand without a bad thought that the crypto-currencies and technology blockchain is really a way out of the situation, then I think that people would live much better.