I'm not sure if you read this post https://peakd.com/hive-153630/@matrix-8/welcome-to-new-age-dapps-a-solution-to-what-ails-us in which John writes:
.... which Lord Acton explained to us with such succinct and memorable brevity: Power corrupts – and Absolute Power corrupts absolutely. This has been true forever, and therefore should be no surprise. But, there is a very pertinent corollary to this truth, which has been unstated, and therefore uninspected; and it has been misshaping the daily lives of humankind for the last 10,000 years – ever since the advent of Civilization with its God-Kings. That corollary is this: Top-down Power Structures create Criminal Leaders.