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TFA addresses your claim. > The idea of the Decentralised Autonomous Organisation that runs itself by consensus, where nobody is really in charge, is illusory.
by skulk 5y ago
TFA addresses your claim.
> The idea of the Decentralised Autonomous Organisation that runs itself by consensus, where nobody is really in charge, is illusory. Some individuals will always find a way to be more influential, whether that’s through money, connections or rhetoric. A DAO doesn’t change this simple fact of life; it simply hides it with a new layer of obfuscation.
- im3w1l 5y agoThat's like saying that dictatorship is better than democracy, because someone will always be more influential and democracy just hides it.
- ryan_lane 5y agoIt's more like saying "Just because you call yourself the democratic nation of x doesn't mean your country is a democracy."
- jjk166 5y agoNo, parent comment's analogy is much closer.
- ryan_lane 5y agoIf the DAO has a number of members, but a single individual in the DAO has wrangled control from the other members (through any number of means), then it's not a democracy, it's a dictatorship. DAOs don't solve socio-political issues, because technology can't do so.
- deleted 5y ago[deleted]