The system we have today requires surveillance and control of governments to function. The parallel system or systems on the internet would also require some form of external, i.e. off blockchain, control to function as well as the current system. So far humanity has not invented anything better than democratically elected governments to implement such controls.
Blockchain cannot in principle replace governments because governing comes down to use of violence. Unless, of course, you are advocating going back to times when barons fought each other with private armies.
The system we have today requires surveillance and control of governments to function. The parallel system or systems on the internet would also require some form of external, i.e. off blockchain, control to function as well as the current system. So far humanity has not invented anything better than democratically elected governments to implement such controls.
Blockchain cannot in principle replace governments because governing comes down to use of violence. Unless, of course, you are advocating going back to times when barons fought each other with private armies.