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Like everything else in crypto DAOs probably have a small niche where they will one day be wildly successful to the point that they are the standard way to do a
by idiotsecant 5y ago
Like everything else in crypto DAOs probably have a small niche where they will one day be wildly successful to the point that they are the standard way to do a thing. But that doesn't mean they will be or should be universally applied. Decentralized anything is by definition more expensive and less efficient than the centralized version of that thing, particularly when those decentralized systems have to interact with squishy human elements. In some cases that tradeoff is OK, but in some cases it isn't and it's silly to pretend otherwise.