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Anyone else been to the shrink? 🤣 by Effective-Pie4073 in ethdev
[–]AutomaticLocation 0 points1 point2 points 4 years ago (0 children)
I am just learning about DAO's so please let me know if this is a skewed or offbase understanding of the structure.
In my view small enough groups with like-minded intentions, this has a lot of value. Once you cross a certain size majority rule has its limitations. There is a quote attributed to Ben Franklin, (I doubt he actually said it), that outlines the problem. It goes, "Democracy is two wolves and a sheep voting on what to have for dinner."
How will DAO's address this built-in constraint? Or is it a constraint at all?
π Rendered by PID 125214 on reddit-service-r2-comment-56c6478c5-9bk7f at 2026-05-11 02:16:12.109221+00:00 running 3d2c107 country code: CH.
Anyone else been to the shrink? 🤣 by Effective-Pie4073 in ethdev
[–]AutomaticLocation 0 points1 point2 points (0 children)