Decentralization and democracy: Three centuries of debate

• On September 17th, 1787, delegates gathered in Philadelphia to replace the failed Articles of Confederation with the United States Constitution.
• The Constitution aimed to build a functional government that avoids autocracy and has been successful in decentralizing power.
• However, it is ironic to see the United States becoming a global superpower that some view as a tyrant.
• The 2008 financial crisis led to criticism of centralized financial systems and governments, sparking the blockchain and cryptocurrency movements.
• Decentralization is seen as a way to ensure transparency, reduce power abuse, and democratize access to finance and political power.
• The United States itself is now facing a push for decentralization.

The sentiment in the article is mixed. It highlights the success of the United States Constitution in decentralizing power and promoting greater liberties. However, it also criticizes the United States for becoming a global superpower and suggests a need for decentralization.