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There is some people out here that are suggesting we should use DAOs for everything and ley me try to explain why I think it’s crazy even if it’s technologically possible

For one second, close your eyes and think of a world were absolutely everything requieres you to align and vote

Even on simple things like what time the street lights go off, urbanism rules, how to synch the traffic light, what should be the content of your kids school, discussions about foreign policies , agreements on replacing the electric grid in your neighborhood for one that is more reliable, agreements on extending the metro line, discussions on how to allocate the budget of your city, town, country etc

And in addition to that, you also need to stay up to date on your career to remain competitive and also spend hours at work

Now, open your eyes… would that be possible?

Some people would say; ok you can delegate but how can I even know who is best across so many different topics. I wouldn’t have time to do that

So then you go back to delegating to a bigger entity that will in general have some principles that you agree with and then you delegate to them so they assign experts on every topic (even if then, those are not real experts)

So now we are back to where we are today

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Discussion

W4ge5laver 1y ago

Delegate to the AI's. You know you want to. /s

⚡️🌱🌙 1y ago

The problem is corruption.

I don’t mean naked corruption like bribes, etc, just the legal stuff of favours and interests that hijack the system and bleed it out whilst everyone else is trying to concentrate on their own life. That’s the problem.

It’s all so late stage and infected.

Nicolas ₿ ⚡️ 🇦🇷🧉🤙💜 1y ago

Having seen most DAOs today corruption is also there in different forms

Low Information Voter 1y ago

Decentralisation and participatory budgeting. Solved problems.

I shouldn't have to vote on streetlights anywhere but my street, unless I'm doing charity or have a business in a commercial precinct elsewhere.

And I should vote on streetlights exactly once, until someone who wants change can get quorum to re-open it.

Nicolas ₿ ⚡️ 🇦🇷🧉🤙💜 1y ago

If the streetlight is in the corner and you want the green to las longer in one direction than the other breaking the efficiency of all other 20 streetlights that were in sync? You can’t think of “my street” in any of those decisions

Diego Gurpegui 1y ago

Well, it wouldn't be quite "back to where we are today" because you will have the choice to be *directly* involved if you wanted to. Today we can't, it's delegated or nothing and that is what creates most of the misalignment of incentives.

But of course there will be other issues. Apathy is one of those.

Nicolas ₿ ⚡️ 🇦🇷🧉🤙💜 1y ago

Before moving to a stand alone house I was living in an apartment.. and in that apartment everyone needed to come together from time to time to decide on most of the things and vote

Almost no one wanted to be involved.. most people either don’t have time or don’t really care about optimizing every single aspect

Imagine if that simple thing of meeting in the lobby caused apathy, imagine now pushing all of us to have to deal with smart contracts “and” pay for contract fees for each decision

So what I’m saying is:

I love the fact that DAOs exist and I think they add enormous value to certain projects where before you had no chance .. but that doesn’t mean you can transform every single decision in everybody’s life into a smart contract vote because most people don’t care