Governance Tokens & Decentralized Governance

We talk all about Governance Tokens & Decentralized Governance in the latest podcast episode of OurDecentralizedFuture

Hi everyone!

It's been super interesting comparing the Australian political system to the American political system... aside from the vast differences in government structure, the emotions surrounding the two governments could not be more different. In Australia, there are two main parties that are so ridiculously similar and both parties seem to exist solely to block the other and ensure literally nothing gets done. So Australians are mostly apathetic about politics.

I'm sure it comes to no surprise to anyone in the world that American politics is the exact opposite, a lot of people in the US strongly identify with one of the two parties and to be fair, a lot of concepts and discussions seem to be literal life and death.

The problem as I see it is that in both cases... the two party system does more damage than good. There is no incentive to compromise... so I've been thinking more and more about different forms of government, and blockchain technology might be exactly what we need to help solve this issue... with the help of Governance Tokens.

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Here is the Spotify link to our chat:

https://open.spotify.com/show/1E1Irnf8nsjZwj3qxn3Qma

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Here is the YouTube video:

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Governance Tokens & Decentralized Governance

Andrew raises some really good points that I had never considered... I had never really thought how you maintain that the people you want to be holding the governance tokens are actually holding those governance tokens. What prevents a bad actor or just a billionaire from scooping up all the governance tokens and making decisions that just suit them?

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Andrew has some ideas on exactly this... but I'm super curious to hear your take on it too... please do comment down below. I'd love to read your thoughts.

Andrew and I have been chatting for a while before we created this podcast. If you’re interested in learning more about Koinos, here are some of the previous chats with Andrew …