2min chapter

The Blockchain Socialist cover image

OTNS: DAOs and Decentralized Mafias

The Blockchain Socialist

CHAPTER

The Difference Between a Nation and a State

I feel like DAOs for some kind of collective management of resources. So all of a sudden you have a bank account, you can put asset back talk and whatever you want into this thing. We have some governance structures in order to potentially engage in collective action. And so what is missing? Like, so in that case, we could just claim, well, actually, any DAO is a network state.

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