Not much time left until my 12h/60km hike in France. How fit can I get in two weeks?
👀🙏
Columbia Road flower market Christmas vibes 🎄
Last night I wasn’t the brightest pumpkin in Dalston
Dreaming
This cayman rum cake brings the all boys to the yard
Never wanted a yellow room until yesterday
♥️
Sunday philosophical thoughts ☕️ I’m starting to lean towards needing a special recognition of DAOs as an organisational form of its own without the historical weight of other forms. It’s easy to under-appreciate how much the historical context plays into the legal forms of organisation that are there today and what might work for what. None of the organisational forms can be abstracted away from the societal circumstances how they came to be, because you’ll always end up trying to fit a triangle peg to a round hole. Cooperations came from practicalities related to agriculture and distribution of food etc; corporations were invented by finance people. In terms of values, imo cooperatives are pretty close to the ideals of DAOs (sharing the produce of contributions from various different roles vs corps where the invention was that they could grow by lending). You can certainly start a tokenised cooperative, but that doesn’t mean existing DAOs look anything like existing forms of cooperatives. Nevertheless I think as a starting point, cooperative is far closer to a DAO than the corporate form with shareholder-board of directors-managers-employees types of agency problems they’ve historically tried to solve so I don’t it makes sense for DAOs to inherent those solutions