History never repeats itself but it always rhymes with Marta Geater-Piekarska

We are 9 years since Vitalik’s DAOs, DACs and More essay. We thought we were creating a completely new system of human (dis)organisation, but are now at the stage of reinventing representative democracy. Is centralization, ultimately, a must? Maybe the structures our ancestors created for efficiency are not bad, it is just the execution that sucks. If so, how do we learn from their mistakes and created better (not different) systems? Most votes are passed with 95-99% agreements, that is not a way to actually run any fair system. And there is enough evidence that major protocols are really run by a groups of whales pretending like they don’t control the majority of the tokens by delegating to student clubs and telling them what to do. We have one in a lifetime opportunity to build something truly innovative, but the future is gloomy, unless we take the decentralisation and lessons from history seriously. Can we stop rebelling and start collaborating? Marta Geater-Piekarska Head of DAO and Web3 Engagement Mar 02, 2023 https://twitter.com/mpiekarska8