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What’s the Deal with Decentralized Autonomous Organizations?
Deep Background with Noah Feldman
How Much Thought Goes Into Choosing That Rule of Decision?
If 51 % of the people decide that a change is needed, they just make a new contract and move the money into that new one. There's nothing magic about the majority control. It's just whatever you lock in the programe caseis. The important point here isn't what specific rules the too choose - it's simply that you now can have humans interact economically with no central party being involved.
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