We'll skip the Buddhism puns and just get right to it: DAOs – distributed autonomous organizations. Business entities organized around a single smart contract on a blockchain. A meaningful new innovation in the history of the human business organization? Or just a more complicated way of administering the same business structures we've had for hundreds of years? Spoiler alert – the answer is... yes. Kevin and Adam discuss. Here’s this week’s It’s The End of the World As We Know It list – Coinbase, professional microphones (yay!), legal practice (boo!), Twitter, Henry IV, podcast motorcycle gangs, Jack Dorsey, Square, Bitcoin, DeFi, Ethereum, Solana, Cosmos, Cathie Wood, Ophir Gottleib, ThorChain, Cosmos, truth and justice, Alchemix, Ethereum, Cardano, Alonzo, Alfonso Ribeiro, Elon Musk, proof of work, proof of stake, corporations, LLCs, partnerships, Delaware, shareholder derivative suits, NFTs, Curve, Maker, political science, American voter turnout, inflation, deflation, the 60s. Twitter: @futurefolio, @kevinlum, @kadambloom Email: [email protected] DISCLAIMER – Opinions are solely our own, until we change our minds. Not financial or legal advice. Educational purposes only. And possibly not even that.
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