Opinion | Elon Musk and the Useless Spending-Cut Theater of DOGE
nytimes.com
Opinion | Elon Musk and the Useless Spending-Cut Theater of DOGE
To be clear, what the @DOGE team and @USTreasury have jointly agreed makes sense is the following:
- Require that all outgoing government payments have a payment categorization code, which is necessary in order to pass financial audits. This is frequently left blank, making audits almost impossible.
- All payments must also include a rationale fo... See more
Elon Muskx.comOne less obvious shortcoming of token-based DAOs is their flat structures. By flat structure, I am referring to the fact that token-based DAOs are often direct democracies where every proposal is voted on by all token holders, without any political tools like Parliaments, executive branches, bureaucracies, standing committees, and so on.
Zefram Lou • Why Voting Tokens Are F**king Horrible, And 4 Ways to Fix Them
I hope DOGE will obliterate the Paperwork Reduction Act (PRA) from space. This law, which was written in 1980—before computers were common in homes—requires that every government form, and every change to every government form, must go through the Office of Information and Regulatory Affairs (OIRA). This office has no expertise in user research or ... See more
Marina Nitze • I tried to fix government tech for years. I'm fed up.
It’s also hard to imagine the US successfully regulating new structures like DAOs. Even the right wing of the Democratic Party has turned on the latest nominee for Comptroller of the Currency despite her being far from a radical when it comes to regulating financial oligarchs. The political paralysis the US state is experiencing shows no signs of a... See more
Jason Barrett Prado • DAOs are interesting, likely, and terrifying
For a technology that’s billed as an architecture of the future, crypto is powered by a discourse that’s rooted in the past. Perhaps that’s why so few cryptocurrency-based, Web3-style projects meaningfully address big, future-facing problems. Instead, they seem to want to re-create financial structures that already exist, only with new people at th... See more