The thing that tokens do a good job of is aligning economic incentives and governance of open protocols, specifically as an alternative to companies.
Many are sorta security-like, but global securities laws are balkanized, outdated, and technically incompatible with crypto, so we do this weird decade-long dance.
I really feel like someone should hook me up with a Zyn airdrop for creating this channel, and yet not knowing there was a corresponding shitcoin for Zyn that went 100x+ in a month.
😂 😂 😂
I beat Vitalik by about a month with the d/acc meme, but he had a definition that is indisputably better and will hold up brilliantly long-term, I think.
Network states are inherently d/acc.
You can monitor every news story, deal, technical update, and media covering Farcaster in one three second search on the Messari home page.
AND get AI summaries of each piece of content so you aren't bombarded with information overload.
Economically-aligned DAOs will outperform Democracy-aligned DAOs in the same way that capitalist economies outperform socialist economies.
The latter are the standard today only because regulatory roadblocks prevent the former from being implemented at scale.
(re-reading @milesjennings "Machiavellian DAOs")
It’s wild to see 30k followers on a new social app in a few weeks when it took five years to get there on Twitter.
10x away from the real flippening from X to FC.
