RE: Software-Based Economies: The Real Reason They Can't Compete

[elautomatico]

Interesting thoughts

I agree bank system is collapsing , in Spain street offices are closing very quickly and banks are used by people mainly to government related transactions

But not sure about DAO evolution . I have been expecting DAOs to grow faster than it is actually doing

I wonder whether there is a software limit we dont see right now , and may need a new kind of more advanced software coding , something like the the "genetic" software all plants and animals use

Great article again!

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Comments

[taskmaster4450le]

I wonder whether there is a software limit we dont see right now , and may need a new kind of more advanced software coding , something like the the "genetic" software all plants and animals use

If not now, likely at some point in the future. We have no idea where advancement (and need) will take us a few decades from now. You could be correct, we might require a lot more advanced coding. I wonder what quantum will do and how that programming will look.

But not sure about DAO evolution . I have been expecting DAOs to grow faster than it is actually doing

Be patient. It seems to go in phases. We were looking for DeFi before 2020 and during that year it exploded. This year is seeing NFTs.

DAOs in 2023?

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[elautomatico]

Hope you are right ! Looking forward to see DAOs explode !

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