This one was about the concentration of voting power. It turned out that a single, anonymous owner of governance tokens had enough votes to decide this hugely c

This one was about the concentration of voting power. It turned out that a single, anonymous owner of governance tokens had enough votes to decide this hugely consequential issue on their own. Almost as if corporate shareholding concentration and acquisition-disclosure laws are as good as it gets for "decentralisation" of decision-making, and crypto is now going to have to reinvent that as well. Like, there are literally already laws in many jurisdictions that prevent multiple apparently-independent parties conspiring to avoid jumping over ownership thresholds but nevertheless acquire a majority of a company. Have fun emulating that with pseudonymity, no central regulator and no law enforcement with jurisdiction everywhere the participants are!