The Role of Governance in Cryptocurrencies

I think going a step back I knew we had to talk about layer one governance because people who now build dows and like DeFi projects they try to sort of take lessons from what they see in Bitcoin and Ethereum. In many ways it's just the completely wrong thing to look at right if we zoom out even further first, he says. He argues that every sort of organization has its own don't want to say perfect governance structure but the one that you know people use consistently produced results at least better than the available alternatives. "If anything goes wrong with this system then you know it's just very bad so we have to make sure that like the incentives are extremely aligned"