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DAOs: Social networks that can rewire the world

6 pointsby marcoslozadaover 3 years ago

1 comment

numtelover 3 years ago
Since credit card payment processors heavily restrict crowdfunding applications, cryptocurrency is the only option for unmoderated crowdfunding.<p>Combined with the public nature of blockchains, this massively increases the legibility of the economy. James C. Scott documents in his book, Seeing Like a State, how states have always worked to make populations more legible: squaring up plots of land, introduction of last names, and other measures to make it possible to reason about the population. (In order to better grasp its power.)<p>This trend has great potential to expand democracy, most importantly if Sybil resistance techniques are improved so that one vote is closer to one person than one token.<p>I&#x27;ve got a pet idea of starting a DAO to fund research into better techniques for Sybil Resistance. I have hope that there&#x27;s something better than scanning eyeballs.