Ethereum Q&A: Scaling Decentralized Organization

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Instead of DAOs, how about decentralized autonomous societies (DAS), decentralisation at a societal scale? These are still very immature technologies. The use case for smart contracts and DAOs will first be in small-scale corporate governance and associations, before they could influence the structure of large-scale models of organization. The problems are super-state entities are due to those in power being removed from the consequences of their decisions. Why are there so many sharks and scams in these areas? Decentralization is the poison pill of large organizations designed to centralize more and more power.

CORRECTION: At 5:00, I mention "the difference between democracy and demarchy." What I meant to say was "pure democracy," not demarchy, which is 'rule by the randomly selected.'

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0:00 Decentralized autonomous societies
5:45 If you call these folks "parasites".. I don't think a lot of people want them to come in to the space. Do you think these parasites are serving any market? How do we deal with that? Or is that mean?

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

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Translations of THE INTERNET OF MONEY:

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I gotta be frank and honest here.
In my humble lifetime I came across a lot of intelligent people both inside and outside of academia.

But you got to be one of the smartest people I know of.
Thank you for your hard work. It is very much appreciated.

BboyDschafar

I agree company type structures will be the first to use it. and I think it will give them significant advantage over groups that do not. which will lead to larger company type groups forming and gaining power, while the ones that are slow to move (ie govt) will lose out. the whole geographic-based people-farming paradigm is going to have to change i think.

FirstLast-srht