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It seems like they're being deliberately obtuse regarding the DAO. If it really is decoupled from anything financial, then how do they decide who gets what vot
by Retr0id 4y ago
It seems like they're being deliberately obtuse regarding the DAO.
If it really is decoupled from anything financial, then how do they decide who gets what voting weight? Presumably, by manually assigning weights to people (instead of it being weighted based on the size of their financial stake). If some central authority decides the voting weights, how is it still a DAO? (I think that would actually be a reasonable system, since it negates the need for any crypto bullshit, but it seems silly/misleading to call it a DAO at that point)
I can't really decipher their true motives here, but either it will be a financial instrument, or it will only provide the illusion of decentralised decision-making.
- sirsinsalot 4y agoI like to think of a DAO as an organisation that is unkillable because there is no central control. A centrally managed one sounds like a cooperative with more open policy.
- maxbond 4y agoEarnest question; is unkillability a desirable quality in a system? Put another way, is it responsible to engineer a machine that has no off switch?