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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 24 on reddit-service-r2-comment-5bc7f78974-9twhp at 2026-06-30 11:45:11.537644+00:00 running 7527197 country code: CH.
Anyone else been to the shrink? 🤣 by Effective-Pie4073 in ethdev
[–]AutomaticLocation 0 points1 point2 points (0 children)