polynya pfp
polynya
@polynya
The reason why "DAOs" require traditional governance is because blockchains can only do strict global consensus The assumption is you need a token to organise said governance, but this is not true. Indeed, some DAOs would be much better off following the worker cooperative or consumer cooperative model, rather than the public company model, with democratic voting and vetos for checks and balances (instead of being controlled by few whales, as it is for almost all crypto projects now - not just not decentralized, but very centralized. VCAOs, if you will, pun intended) Yeah, I get it, token gambling is crypto's big usecase, but it doesn't have to be. Building the best possible protocol to attract the most users might not be such a bad idea for the long term
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Wasabi πŸ₯₯🌴 pfp
Wasabi πŸ₯₯🌴
@wasabi
TLDR: there are no silver bullets and trying to control a highly diverse global distributed organization with a token that is freely available to β€œbuy” at will, seems like not the ideal solution for most cases.
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parseb pfp
parseb
@parseb.eth
it is the only solution for most cases. currently not ideal; but most ideal.
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