It was a very good article, however regarding "governance" there is one point you need to understand:
Appointing a leader is like painting a target on them
One of the fundamental principles of crypto is decentralization, so there are no people, places or things with targets on their backs. This is why crypto avoids the problem of being shut down by an external entity.
Many don't realize the importance of the "sovereign" nature required to be a replacement for entrenched and corrupted institutions, but that is what makes crypto so powerful, that it can't be controlled or manipulated.
You are absolutely correct that the price we pay for decentralization is less efficiency in governance, but at least it will be governance achieved through non-violent cooperation rather than force and coercion, war and death.
I'll take the slower pace of consensus progress over the faster pace of tyranny any day!
Thx for your article, it was very good, and very informative, especially for "newbies" 👍
RE: Bitshares - A Lambo Parked in a Farm Barn