Bitcoin is an exit from the Fed.
DeFi is an exit from Wall Street.
Social media is an exit from mass media.
Homeschooling is an exit from industrial education.
Remote work is an exit from 9-5.
Creator economy is an exit from employment.
Individuals are leaving institutions.
Only two kinds of financial governance are known to socially scale:
1. traditional financial industry governance, with its lawyers, accountants, etc.
2. public blockchains with a strong trust-minimization ethos.
Other forms of blockchain governance will fail or evolve towards #1.
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