Cybernetic organizations — BORGs — are doomed to fail

    Cybernetic organizations automate decision-making so that DAO actions can be taken without proposals — implementing law through code. What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised because a number of self-purporting DAOs are operating like traditional corporations. With this in mind, developers at Delphi Labs…

    Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation

    Human Rights Foundation CSO argues that Bitcoin represents free speech, property rights and open capital markets — stifling the power of tyrannical governments. Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein. In a…