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RE: When Organizations Don’t Have Bosses…

in #collective8 years ago

While I agree with the basic sentiment, I disagree strongly on examples.

Bitcoin is really bad example. Its governance mechanism sucks, it takes years to make decisions over simple things like scaling. It's not fast in any way. Because it's POW-mineable, it consumes huge amounts of energy and mining equipment, so it's environmentally destructive.

Maybe someday we will get good SOCIs, but they are not yet here because people are hanging on old solutions like Bitcoin and have greatly reduced the rate of innovation. Very few people are thinking about governance systems that truly make cooperation efficient.