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The digital ownership of Web3 will give us direct democracy, even if we don't deserve it

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The wisdom of crowds' has the ability, in aggregate and given a diverse and large enough set, to make as good or better choices than any individual expert, no matter how talented or well informed. Link this probabilistic fact with the breakthrough of a digital ownership society and what do you get?

I'll tell you what you get: you get Web3 (ownership) transforming us into direct democracies. The violence inherent in hierarchies will be a thing of the past soon. Rejoice bitcoin-topians!

So, we'll have direct democracy in practice and we will not need federations or soviets or, perhaps, even nation states in the near future. Un-corruptible governance tokens means each of us will have enough non-fungible skin in the game to vote ourselves on a best-of-all-possible-outcomes trajectory. That is so even if it is not what many of us, as individuals, deserve.

May the stats be with you. And may the sats be with you too, while I'm at it.

Just finished reading: https://en.wikipedia.org/wiki/The_Wisdom_of_Crowds

This notion is clearly bitcoin related since Bitcoin is the most decentralized/secure ledger of account (trust being absolutely vital to vote counting) to AND it can be programmed for governance and other gain of function smart contracts. (Stacks, etc.)

submitted by /u/Fidlo
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