So a new development has taken place.

DeSci or decentralized science.

VCs have decided they would rather band together through DAOs on the #Bitcoin network to develop pharmaceuticals and compete with big pharma…

By doing exactly what big pharma does, but in a DAO???

I mean props for understanding #Bitcoin is the most decentralized and secure network, but it feels like a cash grab, rug. Picking such a bizarre and unregulated market doesn’t do any favors.

I could be wrong on this. My personal experience can be highlighted as: pharma opts for expensive treatments, and either directly or indirectly prevents cheap cures.

I’m not sure how much decentralization could help this.