What is blocking the widespread acceptance of DAO’s in business?
“DAO’s represent the next step in evolution of organizational structures, enabling trustless collaboration on a global scale.” (Vitalik Buterin) I think people have a hard time understanding what a DAO is due to the word “organizational”. For we have been trained to think that an “organization” is a structured entity just like any company or nonprofit. Until we change our conventional ways of grasping on to conventional definitions and terms that we have bee trained to understand ,we will never truly be able to understand the limitless possibility of new technology. Thereby, one of the goals of technologists should be the deconstructing and rebuilding of how one grasps new concepts in light of predefined notions. The discussion that society should be having is how to define and educate, for only than will this ground breaking concept, find it’s full foothold in society.