All fine and well, but as long as a permissioned blockchain is used with a fixed set of witnesses who have complete control over the system, it's just another form of government, the emperor's new clothes.
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The don't have control of the system, we do. We vote them in or out, and the effect is immediate.
tell me how well representative democracy is working today.
The question is: what system is better? A benevolent dictator?
no. an open, non-permissioned blockchain.
:)