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RE: Cincinnatus, Incentives and Choice

in #ethereum8 years ago (edited)

The metaphor of a Decentralized Autonomous Company (DAC) may have temporarily fallen out of fashion because regulatory discretion is the better part of valor.

However, I point out that the CEO function in a company is in fact a Dictator on a leash.

I believe that this will be one of the key design patterns we will continue to see with this fledgling field I like to call Engineering Trust.

Note: By cleverly linking in an earlier pair of articles as precursors to this series, I convert the odds from (Charles 2 - Stan 0) to (Charles 3 - Stan 1) which somehow doesn't seem quite as bad. Sadly, that still means I need to come up with two more articles based on the above profound insight.

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I don't think the parlance has completely fallen out of use. It's rather been abstracted to a broader capacity. This article is a subtle antithesis of my code is law post. I think I can form a hegelian dialectic of the two, but I'd like to see your take on things first. The best part of steemit is learning from the comments of the article itself.

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