https://www.cryptocoinsnews.com/bitcoin-price-advance-rearing-go/Centralised systems have one inevitable trajectory that has been validated throughout history, which is that as the people in the centre accumulate power and control they eventually corrupt the system entirely to serve their own needs, whether thats a currency, a corporation, a nation.
Representative democracy was a solution to a scaling problem. The fact that you couldnt get a message across Europe in anything less than a couple of weeks.