sari

Most (if not all) governance mechanisms in crypto today revolve around some sort of implementation of the one-token-one-vote concept, akin to token-weighted direct democracy or shareholder democracy.

Nothing in life demonstrates the same level of convexity as expertise. It really never ceases to astonish. Pick a topic, read a book, and you know something. Pick a topic, read every book ever published on it, and you’ll find yourself inside the OODA loop: you’ll start reading a chapter, know which study the author is citing, quickly figure out... See more

If dominance is the kind of status we get from intimidating others, prestige is the kind of status we get from doing impressive things or having impressive traits or skills.