culpepperwilliams
Aug 26, 2017 · 1 min read

This is a great article on the larger picture of how decentralized systems, not just currencies, need to address incentives for improving technology so they can grow. An important concept of crypto is that the *value* of a token is directly tied to it’s *utility* as much as it is the community consensus. Without utility, the community will abandon it over time and consensus and value will diminish. What systems can incentivize developers to continually offer improvements? How can the community govern integration of those improvements to grow the community of value? The article also incites the larger discussion of how decentralized governance in blockchain technology augurs *entirely new* possibilities in human governance for corporations, organizations, and perhaps eventually political systems.

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culpepperwilliams

Written by

Stuart Hynson Culpepper and Karin Diann Williams are entrepreneurs, producers and directors of digital media.