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ManuAlzuruš„
@manu
Many crypto people are lately hyping Futarchy, but they aren't telling you it can be manipulated by the wealthy, is speculative, and oversimplifies complex issues using the market. Why don't they mention the ethical dilemmas? 1/2
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Trigs
@trigs
I don't get it. Futarchy is just a name a guy put on an idea a long time ago. Actual futarchy doesn't even exist and is just a theoretical example of a different way to form consensus and examine outcomes? It's like saying DAOs don't work. Well, nobody's actually built one yet. We're just throwing shit against the wall to see what sticks. A system built off the ideas of futarchy doesn't have to be a plutocracy or even have anything to do with money. Sounds like you just don't like polymarket (which has nothing to do with futarchy) š
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ManuAlzuruš„
@manu
:/ sounds like you are making assumptions without knowing what Iām talking about. Btw I have nothing against Polymarket or anything, Iām just mentioning them since they have been the only prediction market app that works. If you were at the Uniswap GG house in Healdsburg and just on twitter youāll understand why Iām saying this. A lot of people want to create prediction markets for governance within DAOs and I donāt think is good.
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Trigs
@trigs
I think it's dangerous to not consider the ethical dilemmas you're describing. I think it's exciting to experiment with a new form of consensus, however, and we need well rounded discussions about it to flesh out the gaps and opportunities.
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ManuAlzuruš„
@manu
I think is dangerous to run experiments without considering the impact that those experiments could have in our society. Making decisions based on money are just dangerous for any organization and even for humanity in general.
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