sari

The real promise of DAO governance might be forking: using governance to get people to disagree and through the process, discover subcommunities where they're aligned and create their own version of a project. Forking, in that sense, is the ultimate form of decentralization. And it enables governance to become the basis of social graphs where... See more

- As the number of your stored notes increases linearly, the number of connections you can make between them increases exponentially

In 2021, a DAO could be described as a voluntary association with the operating principles of digital cooperativism. As voluntary associations, they are a cross-jurisdictional way for strangers, friends, or unlikely allies to pseudonymously come together toward common goals, supported by a token model, incentives, and governance.

On Twitter we get breaking news; on Instagram we see our friends and go shopping; on Facebook we (not me personally) join groups and share memes. On TikTok we are simply entertained. This is not to discount it as a very real force for politics, activism, and the business of culture, or a vehicle to create content and join in conversations. But for... See more

In particular, if it were possible for capital to be allocated effectively without the trust and authority of large centralized capital providers (“Wall Street” so to speak), that would be a foundational advance. In that regard, what I’d be looking for is evidence of capital allocation via cryptocurrencies toward productive investment in the... See more

As agency has increased, and the world has become more meritocratic, many people reject it. It’s like someone is handing you power over your life and you say “no thanks!” Why? Because accepting power and agency means success or failure is your responsibility and your ego can’t handle it.