There is the fascinating history of Athens and direct democratic voting that comes to mind. The citizens could all vote on anything, and that turned out to be a

There is the fascinating history of Athens and direct democratic voting that comes to mind. The citizens could all vote on anything, and that turned out to be a bad way to fight a war, especially with Sparta. Athens wasted their greater strength if I recall correctly. Could it happen with dao vs other companies? Sure, who can tell at this point. https://en.wikipedia.org/wiki/Athenian_democracy https://en.wikipedia.org/wiki/Athenian_democracy