Naval Ravikant On How Crypto Is Squeezing VCs, Hindering Regulators And Bringing Users Choice
Unchained
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How Decentralized Networks Make Decisions
The decision making model for the decentralized blockchains comes straight out of the open source movement. The new constituencies that have been added are the users and the investors, right? And of course, miners. So you could see that future wallets would allow users to actually vote on the future of their currency through the wallet. That's the simplest level, but you can imagine many, many more layers of governance.
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