6min chapter

The Foresight Institute Podcast cover image

Trent McConaghy & Steve Omohundro: Welcome New Players | Gaming the Future Book Club Chapter 9

The Foresight Institute Podcast

CHAPTER

Governance on the Chain to Prevent Uncontrolled Behavior

Trent: I love the idea of inoculating ourselves against the risk of sort of uncontrolled, you know, explosive systems by doing it in a simple controlled environment like the art dealer. The natural solution for that, I'm leaning toward, and many here are, is to have governance on the chain that would prevent the bad behavior. And if you have governance, then you have the risk of capture via vulnerable humans, right? That is the biggest challenge. Bitcoin is it doesn't have governance except for hard forks,. But it's actually hard forks are a high friction form of governance. We want high friction, just like Mark was pointing out, right? Like the US Constitution, it's

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode