Decentralized economy sounds like a buzzword - market economy is already decentralized, as opposed to centralized economy known as planned economy, which was practiced in countries like Soviet Union and Maoist China. People like to add the word "decentralized" to anything these days, especially in crypto sphere, so it's important to always have clear definitions.


Just because we have regulations and national banks, doesn't mean that the economy is centralized, governments don't make any demands to companies telling them what to produce and in what quantities.