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2.6K

DAOs as the future? Hard pass, thanks – TechCrunch

• Bob Greenlee

#decentralized autonomous organization

2.6K

DAOs as the future? Hard pass, thanks – TechCrunch

• Bob Greenlee

#decentralized autonomous organization

Alisa

35.2

@AlisaBTC • 2 Years Ago

...

>"While the problems DAOs might solve are real, DAO proponents misunderstand the nature of these problems and offer a tool that creates more harm than benefit."

Alisa

35.2

@AlisaBTC • 2 Years Ago

...

>"While the problems DAOs might solve are real, DAO proponents misunderstand the nature of these problems and offer a tool that creates more harm than benefit."

Druss

@Druss • 2 Years Ago

...

I'm not sure the author understands what a DAO is. Yes it uses smart contracts but not all decisions are made by these like some sort of automaton! There are humans making decisions too, and in fact DAOs are designed in part to increase wider stakeholder engagement.