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I think history has something to share here: This is not a new idea. Open Source communities, Co-ops, Friendly Societies, Mutuals, Building Societies, Investmen
by simonjgreen 5y ago
I think history has something to share here: This is not a new idea. Open Source communities, Co-ops, Friendly Societies, Mutuals, Building Societies, Investment Clubs, Slicing Pie, Vestd, to name a few already existing ideas that are remarkably similar.
- hanniabu 5y agoIt's not a new idea but it's an evolution on that (a flexible collection of the items you listed in one). DAOs are a great organizational and (depending on the implementation) a funding tool. For a particular example, open source projects typically have funding issues and users typically want new features. This is a great way to get funding while also giving users the ability to vote on new features priorities, etc.
- ivalm 5y agoI feel this still could be better implemented with stripe + database .
- pjc50 5y agoThe purpose of involving crypto is (a) riding the hype wave and (b) access to "dark" money that you neither know nor care where it comes from.
- M2Ys4U 5y agodon't forget (c) cashing out and running away before it all falls apart so somebody else is left holding the bag.
- hanniabu 5y agoWhy does the internet exist when you can mail people messages and find information at the library?
- ivalm 5y agoBecause it is faster and cheaper with internet. But blockchain is not faster and cheaper than a database… blockchain has to do everything a database does AND solve the trust problem.