As crypto takes a nose dive this past week, it is worth taking a moment to think beyond the asset value of currencies like Bitcoin. The greater promise of blockchain is decentralisation of the organisation of human labor. Probably no greater convert to DAO’s than Andreesen Horowitz, which not only backs the likes of Coinbase and OpenSea, but also claims to have converted itself into a DAO. This is a good overview of their thesis
and a fair overview of the concept. H/T to brainfooder Pedro Oliveira
for the share.