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RE: Cryptocurrency Networks Are Redefining the Role of Traditional Firms and Markets, Mathematician Explains | CryptoGlobe
This article makes a lot of good points.
I think the answer why they exist is because that is where power and control can be amassed.
One cannot have a lot of power in a decentralized system.
Sure. If one have a lot of power turn in a centralized system. Even so, in decentralization, the concentration of power by the miners, and by the stakes are still factors to be discussed. Changing the centralizer does not do much good. That's why I like DPO, and yet it is not exempt from the risk of centralization. Thanks for the comment.