Blockchains And Smart Contracts. Who's Really In Charge?

The big question the blockchain community is only just starting to answer is what will the governance issues look like in the new era? And when most things get to be a smart contract, will they be smart enough? To get an understanding of the future and the big picture, it's helpful to go back to the past when things were barely automated at all. Let's take a look at a worker back in the 70s. In those days, of punch card and cash, you could earn money by working on a car production line, for example.