The most existential question in crypto: what will be the relationship between tokens and communities?
At stake: can DAOs bring virtue back to scaled organization? Or will they accelerate the economics-only mentalities that have been corroding society?
A way-too-long-🧵👇
So how do we solve the Social Token Paradox? As an ecosystem, we need to rethink the value of a token from the ground up. The decentralized communities of tomorrow will be centered around what we do, instead of what we have. This will be accomplished through both pre-existing on-chain data, as well as through a more robust DAO onboarding process... See more
Risk: Bitcoin has been (and continues to be) quite volatile relative to US Dollars. There is risk that this volatility limits adoption or prevents investors from considering Bitcoin as a credible store of value. For better or worse, this volatility may be inherent to the process of Bitcoin adoption as natural swings in investor confidence (as faced... See more
A single unconnected node isn't as resilient as a diverse, interconnected, network. The internet gives indie entrepreneurs the infrastructure needed to generate the kind of network effects that can compete at scale with companies like Amazon.