e.g. one invests via Coinbase and gives them a picture of a passport, in order 
to register a bank -- a source for USD exchange -- then the high order rules 
related to detection of money laundering impinge on that investment.    I'm so 
crippled by particulars.

-----Original Message-----
From: Friam <[email protected]> On Behalf Of ? glen
Sent: Thursday, March 24, 2022 2:53 PM
To: FriAM <[email protected]>
Subject: [FRIAM] rhizo narratology

I am whipped into a state of enthusiasm by that phrase! 8^)

https://blog.keithwhamon.net/2022/03/rhizo-narratology-decentralized.html?m=1

But it raises an issue I've had with distributed ledgers (ala cryptocurrencies) 
for awhile. When fanbois use the word "decentralized", it smacks of (technical) 
bullshit. Sure, the ledger may be decentralized. But the only thing that makes 
the token decentralized is the market wherein I can exchange one token for 
another. That raises (yes I know I'm a broken record) the idea that higher 
order objects impinge, top-down, on their lower order constituents.

-- 
glen ⛧


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