Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies Is Blockchain Still a Revolution or Becoming Another Upgrade? Ep.621
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Oct 23, 2025 Dr. Nick Almond, Head of Governance at Jito, dives into decentralized governance's untapped potential alongside Paul Dylan-Ennis, a cryptophilosopher focused on blockchain culture. They explore the evolution of DAOs and discuss how governance has been diluted in today's crypto landscape. The conversation highlights the delicate balance of decentralization, the implications of surveillance laws, and the cultural risks posed by institutional influence. Ultimately, they advocate grassroots empowerment and event evangelism to reclaim the revolutionary ethos of blockchain.
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Chains Hold Cypherpunk's Core
- Many early crypto values shifted from culture to protocol; the chains themselves hold the ineliminable core of cypherpunk.
- Expect applications and DAOs to drift pragmatic and corporatized while core protocols preserve ideological features.
Governance Was Meant To Redistribute Power
- Decentralized governance promised distributed power and resilience against centralization's frailties.
- The industry has not yet productized governance or made it broadly influential in conventional systems.
Public Governance Meets Human Reality
- Public governance often fails because humans prefer private negotiation and avoid costly open scrutiny.
- Good governance products are hard to standardize, making them unattractive to mainstream investors.