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Great piece Sam, really hit some key points and questions that need to be asked in the industry. Its this that I've been fascinated with, especially through the context of DAOs: "All of a sudden the code that spawned the protocol now requires an organizational structure to determine what to do with the value it created." I'm just not convinced that the DAO structure is the optimal and final form here.

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agreed. Conceptually DAOs are compelling. In practice they've been challenged. Turns out specialization and hierarchy are useful when making decisions.

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