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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by charcircuit on Monday February 08, 2021 @12:56PM (#26067787)
It sounds like you would be interested in DAOs in the cryptocurrency space. Governance tokens are issued out and you can use them to vote on proposals.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by IfOnlyYouKnew on Tuesday February 09, 2021 @01:30AM (#26074537)
That's a democracy where your voting power correlates with wealth, also known as feudalism.

No thx

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by d10r on Tuesday February 09, 2021 @01:21PM (#26080824)
That's indeed true for many DAO designs. I often wonder if those proposing such designs don't understand that or if they just don't care. It is however not inherent to DAOs. If you add identity, a lot of alternatives open up. Check out e.g. quadratic voting or daostack.io.
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