I read this and now understand the entire concept of DHF... So I'm thinking if the whole world was to be like this system which kind looks like it .. the president and the mission or which project the country will fund will be determined by who has the most money stored in the country...I hope more good projects get funded
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I'm not sure I follow. Are you suggesting nation states should operate like DAOs?
Oh no Mr Alex I'm trying to say that I didn't understand DAO and DHF until I read your blog and I tried to make an analogy that of nations operated like this, it will be the rich ruling permanently
That's probably a bit outside the scope if this post and my understanding. The focus of my post is on decentralized protocols like HIVE where anybody can acquire stake to vote. Even if some concentration happens, that does not mean a single entity is in control. Anybody can buy stake, form alliances and outvote a large stakeholder.
Check out my post titled Power in numbers
oh ok let me go read that right away then 🫡