Permissionless creation is where value comes from
Value creation (and destruction) = the system surprising itself.
If it is in equilibrium, it must be dead.
— John Holland
If a system can’t knock itself out of equilibrium, it can’t create new value.
Without ‘noise’ there can be no innovation. Total control of the decision-making process at the highest level permits no novelty.
Permissionless innovation is only possible under conditions of soft security.