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A comment on Ask HN: Is a cryptocurrency for funding community projects a viable idea?.
The problem isn't the funding format, it's the politics of getting people to agree on decision making.
Design by committee doesn't work, that's why all organizations empower a head honcho to make important decisions.
Any kind of project would be better off centralizing decision making in a few people, and the rest of the participators can passively fund or promote.
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The problem isn't the funding format, it's the politics of getting people to agree on decision making.
Design by committee doesn't work, that's why all organizations empower a head honcho to make important decisions.
Any kind of project would be better off centralizing decision making in a few people, and the rest of the participators can passively fund or promote.