Governance tokens, and the art of doing more with less
Any mathematician is well aware of the following counterintuitive fact: often, the more restrictions you give to your mathematical models the more powerful they become. This is akin to what happens in some artistic disciplines; for instance, for traditional painters it was considered “acceptable” to paint only on a restricted set of materials (frescoes, canvas, wooden panels) using a restricted set of mediums (such as oil). If on one hand this greatly limited the kind of things they could do,...
Governance tokens, and the art of doing more with less
Any mathematician is well aware of the following counterintuitive fact: often, the more restrictions you give to your mathematical models the more powerful they become. This is akin to what happens in some artistic disciplines; for instance, for traditional painters it was considered “acceptable” to paint only on a restricted set of materials (frescoes, canvas, wooden panels) using a restricted set of mediums (such as oil). If on one hand this greatly limited the kind of things they could do,...
You don't need to lead the revolution to be the revolution: the underrated importance of bystanders and Rasputins
TL;DRPeople often take part to revolutions just for the vibes or to find purpose;Very few people know what is actually happening;Those who know often are not the ones that you think.The idea of Crypto and DAOs as a potentially revolutionary force is a popular one among Cryptoentusiasts, directly or indirectly justifying postures such as the destruction of traditional finance for the benefit of the masses and the importance of collective efforts in making Crypto accessible to everyone. Of cour...
You don't need to lead the revolution to be the revolution: the underrated importance of bystanders and Rasputins
TL;DRPeople often take part to revolutions just for the vibes or to find purpose;Very few people know what is actually happening;Those who know often are not the ones that you think.The idea of Crypto and DAOs as a potentially revolutionary force is a popular one among Cryptoentusiasts, directly or indirectly justifying postures such as the destruction of traditional finance for the benefit of the masses and the importance of collective efforts in making Crypto accessible to everyone. Of cour...
A moral analysis of ConstitutionDAO
I’ve written this piece ages ago, but I found the time to publish it only now. Sorry! For those of you that aren't already hardwired into the crypto-metaverse, let me give a very quick summary of what happened a few weeks ago.There are only 13 known extant original printed copies of the American Constitution. All but two are currently owned by public institutions.A few weeks ago it became known that one of the mentioned two private collectors would be putting their copy of the constituti...
A moral analysis of ConstitutionDAO
I’ve written this piece ages ago, but I found the time to publish it only now. Sorry! For those of you that aren't already hardwired into the crypto-metaverse, let me give a very quick summary of what happened a few weeks ago.There are only 13 known extant original printed copies of the American Constitution. All but two are currently owned by public institutions.A few weeks ago it became known that one of the mentioned two private collectors would be putting their copy of the constituti...
