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berlinparisexpress OP t1_iwgjnnd wrote

DAOs (Decentralized Auotnomous Organizations) promise to make corporate companies run on a flat hierarchy using smart contracts with everyone holding one vote through a token, rather than having a centralized leadership take all decisions.

This completely new way to distribute labour among the workforce and take key corporate decisions seem to create new possibilities for a kind of "digital anarchism" - with flat management hardwired in the organization.

Even as Bitcoin and crypto in general keep tanking, we should not loose sight of some of the most interesting and promising usecases of blockchain and smart contracts.

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Heap_Good_Firewater t1_iwgzcvc wrote

*lose (not “loose”)

For-profit DAOs would be dominated by the same early-adopters and whales as other crypto spaces.

I don’t see this as an improvement. The Gini coefficient of the crypto space is over .90.

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[deleted] t1_iwgvr6k wrote

So an entry level worker has the same decision power as someone with 20 years experience? Where's my popcorn.

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