The 3 varieties of blockchain governance: (1) mature institutions (2) dogma of immutability + experts only decide tech issues (3) broken
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(1) is a stable state, (2) is only semistable.
Sadly, the combination of mature institution with this novel tech may be oxymoronic...
![Giacomo Zucco [I identify as a -e^iπ vampire]](https://pbs.twimg.com/profile_images/1172971162919415813/Pn8O2gkx_normal.jpg)
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Several attempts might have to start or end at (3) before we get it right.
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And (1) is probably only quasistable.
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But no human institution seems to last forever anyhow.
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which is why we design decentralized systems... certainty over time. Institutions fail. Individualism prevails.
End of conversation
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hay hay hay... I like birds that don't fly and flaming snowballs.
#Bitcoininc@inc_bitcoinThanks. Twitter will use this to make your timeline better. UndoUndo
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but (2) doesn’t seem ideal either. How could we build/construct a “mature institution” that works?
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Beyond very small scale, (2) is a serious pain bristling with anxiety. Certainly not ideal.
End of conversation
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