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RE: The Limits of Crypto-Economic Governance (Response to Vitalik's Critique of DPOS)
The questions comes how society will change when we are moving to 10 billion humans. Can you control that or will it become madness that is a good questions. How can you convert people into good selfless people.
The problem with big groups of people is usually stupidity can spread like wildfire. Since intelligent ideas are more complex. So you sort of need to spoon feed the mainstream masses great ideas. And you also have so much capital now in the world that runs the show so will be interesting how the future will look like.
All that you say is spot on. There are going to be questions going forward. How do people adapt and adjust? Many resist change....there will be some who do not get it. Plus, this is a process that is not going to happen in a year or two. We are going to see this evolve over decades.
One thing about the masses, once the trend starts in a particular direction, they are easily led. This is what the present system did..lead them around by the nose. However, if there is a strong group of people who start the trend in the opposite direction, most will follow suit.
There will always be those who exhibit bad behavior while refusing to conform. However, most will fit in with the norm of society.
We see this in riots...group mentality ....people do things in that situation they would never do on their own.
Have the prevailing mindset of doing good for others, and the masses should follow.
...and in the end we come to facts like...thinking with your own head and not listening to the crowd, do your own research.