Blockchain-based “Decentralized Autonomous Organizations” (DAOs) communities risk perpetuating the 1990s Californian Ideology of techno-elitism in their imaginary of “autonomy” via technological determinism, free-market economics, and “engineering” approach to social and political challenges (Barbrook & Cameron, 1996). Imaginations include algorithmic governance via Artificial General Intelligence agents running on decentralized blockchains, hiring labor in DAOs, and bartering payment in cryptocurrency.
