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Agreed, there will always be scammers out there. Trust the code, not the human shills. Just as with a company, consider who has controlling interest. One adv
by aeternum 4y ago
Agreed, there will always be scammers out there. Trust the code, not the human shills. Just as with a company, consider who has controlling interest. One advantage of crypto however is that the books are wide open to those willing to look.
- yunohn 4y agoNo, my point is that an algorithm can only control very few things - most governance actions are manual and attacks can exploit anything.
- aeternum 4y agoYes that's fair, but if you choose algos/chains with actual distributed governance then you at least the voting has to happen on-chain so you can sell if you don't agree with the way a vote is going. You can sometimes do the same with companies but definitely not always.