5 ms·

The idea being discussed here is being branded a 'decentralised' startup to make it sound sexy and crypto, but honestly, to me it feel like 'open source' covers

• hanniabu 5y ago
  It's not straight open source. It's open source with stakeholders. For example if Signal was operated by a DAO, thet would have never added the crypto payments because that's something seemingly everyone except the founders disagreed with. It gives stakeholders (dao participants, aka users that are more involved), a say in the direction of the project.
  • guico 5y ago
    Wasn't it clear already centuries ago that deciding by consensus results in risk averse, mild, uninteresting solutions?
  • M2Ys4U 5y ago
    You don't need a DAO for that. A basic unincorporated association would be enough. Perhaps a (limited liability) company if you wanted the entity to have legal personality.
    • hanniabu 5y ago
      And every time someone wants to join/leave you'd have a bunch of paperwork to handle. I'm sorry but the HN crowd is seeing a huge shift right on from of them and completely blind to it. It's the same mindset as people dismissing the internet saying you can just send messages to people through the mail, or you can get information from the library, and taking about how unusable the internet is even though it's been in development for 20 years, etc.
      • M2Ys4U 5y ago
        > And every time someone wants to join/leave you'd have a bunch of paperwork to handle. I don't know about you, but I'd hardly call updating a membership list held by the organisation itself "a bunch of paperwork". It's about as simple as record keeping gets. I'd argue that maintaining all of the crypto mechanics of a DAO is a lot more work than updating a single database table!