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@Kitty4D on the B-Chain
just my adventures with the blockchain, web3, cryptocurrencies, and NFTs
Developer, Content Creator, Former Camgirl
aka @kitty4Do, $kitty4d
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Post by kitty4d

2022-02-26
• 3 months ago
@mcmarsh hey i think you were asking for just like common sense what's the benefit of a DAO without like getting all cryptster about it right? so i try not to just read stuff that people clearly already into the idea put out. cause i know they're biased and probably have a vested interest in having other people get excited too. i just ask blunt questions to whoever i see talking about it, to hear what normal people are thinking. i'm sure because of this, this aspect of it is not like some secret i've discovered. i just like to organically reach the right conclusions. and there probably are things i'm still overlooking, but i've at least found one path that sounds pretty logical to me. (for all i know this might even be one of the basic intro things that gets explained, i'll find out soon enough when i really start researching) right now, you want to pay someone to do work for you. you don't really know that you can trust them to do the work. you get references, you look at prior work, etc. but at the end of the day, none of that means anything. and on the flip side, how do i know you're going to pay me the full agreed-upon amount? same deal, try to find references, look for any problems online. and of course we all kinda like to think (well, i guess a lot of us, at least) that reputation means something too. but if you're only able to even talk to this other person because you can fix something that they need fixin', and outside of that you wouldn't even have a way to get their phone number or email- will people even know if you get screwed over? so, we do this half upfront, rest on delivery thing, where the balance sways from the first half to the last half from one side to the other. anyway, i'm sure one of the cornerstones of this whole thing is getting rid of that. now no one worries. the work doesn't get done, no money goes anywhere. you get the work done, the money is already set to go. now, how some set of conditions are met to initiate that transfer that are themselves trustless- that's next for me to maybe think about. if i make a webpage for you, you want to know you LIKE it (and i do too ofc). but that's somewhat subjective. so i don't know how this is handled really. i mean if it's a dao hiring a dev, sure, they have to vote, but they can vote to screw me all the same. then the other thing is when you need money upfront for materials. after thinking about this i realized that the "hopefully inevitable" way this all goes is that every piece of that puzzle starts becoming integrated into this trustless system. so whoever's providing me with the wood, they're part of this whole system too and they'll get paid no need to worry my man the money's automated i can't even stop it if i wanted to. anyway, at least i've thought on this one thing, and now i will try to see where it takes me. how can that one benefit be like leveraged to really shake some shit up i require more information about these sssssmart services.
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mcmarsh
2022-02-26
• 3 months ago
Hi kitty - short on time at the mo so not sure where you picked up my request/question from to give the post above ? 🤗 thanks for taking the time - I'll come back to it soon
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kitty4D
2022-02-27
• 3 months ago
ahaha i thought you had posted something asking for someone to explain the point of DAOs. maybe it was @StarGeezer though. sorry if i mixed that up~ now that i think about it, it was probably StarGeezer.
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