Bravo. Well said.
Unless ...
You create a Committee for Public Safety, with responsibility and the power to protect
the public from fraud.
The choice is yours.
Wouldn't a Committee of Public Safety become another power center rife for abuse and cronyism? I'm not sold on humans breaking with their long history of corruption anytime soon. Now, if you're talking about an unadulterated cryptosystem that works on consensus parameters that are agreed upon and maintained by one-voice = one-vote systems that are mathematically verified for authenticity, I'm listening.
Though my concern then comes to how is such a system built that it takes minority populations into accord. I also, in a very broad sense, wonder how such a system could be built without ending up like a nightmare out of Delueze's systems of control--sometimes I feel like the very technologies meant to expand our liberties are forcing us further and further down the maze toward more totalitarian states.
Now there is an argument that network systems are breaking the shackles of hierarchy systems, but lets be very honest with this argument in that the best example we have of a network system, the internet, is a hodgepodge of actual freedom, freedom for appearance sake, sneaky-westernized totalitarianism, and in-your-face-what-are-gonna-do-about-it totalitarianism.