tldr (tim reilly)
@tldr
When the US Founders innovated governance, their actual lives were at stake. I conjecture that these are the conditions under which novel forms of governance — eg onchain — will also begin to actually work. (Another reason why real attempts at Network State will be illuminating.)
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Slippage
@mikedcryptoguy
Yeah … without real stakes, onchain governance is just LARPing with extra steps. pressure makes systems honest
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