Chris Powers

@powers

116 Following

59 Followers

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Bonus take from yours truly on a new proposal to create a Compound Foundation. It’s sensible enough, but also: why are foundations the default solution for product strategy? We need growth engines, not nonprofit inertia. https://x.com/0xKilgore/status/1925619847670411411

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Speaking of @drnick he is joining Jito as Head of Governance, signaling a positive shift for Solana’s governance culture. But @james.eth fires back, urging folks not to be too jaded about Ethereum DAOs. Progress is slow, but real. https://x.com/blockchainjames/status/1923876957869178951

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@drnick with a "shout it from the rooftop" take: Most of Ethereum’s validator revenue—$4B+—should’ve been burned or sent to DAOs, not hoarded. Feels like the ETH equivalent of Amazon paying dividends during growth mode. https://x.com/DrNickA/status/1924026084946780406

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Ethereum is for DeFi. It's a much better meme

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Next an interlude to the best take on the goofy OpenAI/io video announcement this week

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Next, @vitalik.eth philosophizing on the next era of governance - private voting. Secret ballots aren’t just for nation-states—they’re critical to the next phase of DAO governance. Privacy enables pluralism. https://x.com/VitalikButerin/status/1925117986890752302

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First, @owocki drops a meta-bomb. Gitcoin is coordination infrastructure… having a coordination failure. If your coordination tooling project collapses due to coordination issues, is that… poetic? Or a bug report? https://x.com/owocki/status/1925619336741261705

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Ahoy! Another week, another batch of hot takes from the wild world of crypto, DAOs, and governance. We’ve got everything from foundation fatigue and Gitcoin drama to Vitalik’s vision for secret ballots and a fresh governance pulse on Solana. Let’s get to it 🧵👇

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Wesley— oss/acc

Introducing @farcaster Memories 💫 A new MiniApp that fetches your most popular casts from previous years. Reflect on the moments you've shared here on the purple App 🟣 Save the App to receive notification for all memories 📆 Built with @neynar and @base MiniKit 🤝 https://memories.nexth.dev/

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First up, in the major tech news of the week, @gakonst explains why this is a new era for dapps. The journey to open networks is slow, but eventually openness wins out. https://x.com/gakonst/status/1918077235107348817

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Ahoy, somehow we’re already in month five of 2025—which means we only have 55 more months left in the 2020s! Get busy and check out the hot takes from the last week in DAOs, governance, and crypto. Let’s goooo

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Actually from the whole team!

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One more longer take recommendation is a piece from @wagmialexander that explains how tokens have failed and become extractive, but also how we can get it right. Nice read. https://paragraph.com/@dromos/alignment

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On the longer-take side of thinks, OG @owocki lays out a compelling vision for “Fair Fees” I love to see new ideas on how to capture more value for open source development. Very cool idea https://x.com/owocki/status/1915401609267253394

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Next, a take so hot I’m just gonna let it stand on its own https://x.com/1a35e1/status/1915818558929424561

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On the development side, @peth shares a classic story from an early experiment in decentralized contributions and reputation. Lesson: Don’t overcomplicate and just make products easy to use https://x.com/petheth/status/1914699294982201518

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Next, something that really grinds my goat: the entrenchment of the credit card system and their blatant rent extraction. When networks stop growing, they should be owned by users & nodes in the network - not centralized companies https://x.com/arpitrage/status/1914492918842220690

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@anna_kazlauskas highlights why we can’t have centralized companies controlling AI: because they can manipulate you without you even knowing it https://x.com/anna_kazlauskas/status/1914758577606254604

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Philosopher king @hasufl arguing that centralized orgs create better decentralized protocols. My take: Yes, but you could have said the same thing about Napoleon and the modern nation state. Democracies weren’t capable enough until they were. https://x.com/hasufl/status/1914964049256735137

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Happy Friday - lets get to it with the weekly roundup around the world of crypto, DAOs, and governance This week AI fears, decentralization effectiveness and good ole classic rent extraction. Lets go. 🧵 👇

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