Does having a larger stake also mean having a larger responsibility? It should, even if only because of long-term self-interest, but I am not sure it is working out well.
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Does having a larger stake also mean having a larger responsibility? It should, even if only because of long-term self-interest, but I am not sure it is working out well.
One would think... and the site is based on the principle that the largest stakeholders would have the highest motives to protect our investments.
It seems that the dolphins are the ones who are trying. But maybe I am just cranky today and feeling in over my head regarding trying to make any difference at all.
You spoke out; blessings be upon you.
We are supposed to say things in such ways.
The flaw in our thinking is the belief that as long as the long term rational incentives are there, it will all work itself out. The proper incentives are necessary but not sufficient. To build a well functioning society we need those long term vested interest, but it also takes a concerted effort to make it work, and accountability (because not everyone is driven by positive long-term-rational incentives).
Democracy doesn't 'just work' everywhere it is put in place (very many examples of that), it needs the political will and culture to make it work. The same is true of crypto governance.
Proper governance? Jesus, just use your fucking flags for abusive behavior. What a bunch of children.