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It’s the new buzzword. Blockchain has very specific technical use cases that are not appropriate for networks where all participants know and trust each other.
by ShabbosGoy 9y ago
It’s the new buzzword. Blockchain has very specific technical use cases that are not appropriate for networks where all participants know and trust each other.
I’m more curious why alternative governance models are not achieving more traction. The corporation as a way of governance is obsolete compared to a DAO.
- rebuilder 9y agoIt's going to take several DAOs being profitable and not getting exploited into oblivion for years before the idea can gain any traction. Oh, "blockchain" is not a proper name or an uncountable noun, btw...
- tim333 9y agoCount me sceptical. Traditional companies have been doing fine for more than a thousand years. I'm not sure DAOs have managed to launch a single productive enterprise. Given that companies are basically groups of people doing some enterprise there is something to be said for them being able to meet in a room and chat as opposed to the DAO model of semi anonymous crypto holders voting.