Gregory's ServerHere's a good article that includes a lot of my skepticism of DAOs as well a definition of what they are
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 @t54r4n1 This is extremely perceptive and the one thing I would add is that "on the blockchain" means "operating outside the laws of any country". That's the main difference, it's a corporation that doesn't have to be incorporated in any particular nation  @darius mmmm love an obvious tax dodge. definitely not going to get yourself in a fuckton of trouble that way, no siree I listened to the conversation for a minute and learned some new terminology: B2D B2B = business to business service provider massive psychic damage I have a secret Twitter alt that I use to listen to Twitter Spaces because I don't want these spaces advertised to the people who actually follow me Something especially insulting is the branding of the conversation with ~emoji vibes~ but the actual conversation is your standard awful business innovation bullshit talk. Reflects the DAO thing as a whole
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  @darius I read this whole thing & 1) imagine being called a "hanger-on" to crypto bros. There's the real psychic damage lmao 2. The number one thing I hate about crypto/VC bros is how they just,,,reinvent shitty systems we already have & then pat themselves on the back for being innovative. Running society as a corporatocracy is what we ALREADY HAVE. Its why so many people are unhappy. Youre not the next Bezos or Musk; theyre gonna come sweep you out with the money they already have  @darius the company my gf stared is basically a dao. Except we put O first, then D, then A. We get shot done first and then worry about fine grained policies.   @darius I had to stop reading the article when it conflated “VC forms are investing in this” with “it’s worth learning about/interesting” on its own merits @courtney I took it as: it's worth knowing what these people are up to so we can protect ourselves |
@darius daos are just corporations but on the blockchain. truly, incredible