Governance Bad?
I’ll start with saying I am not knowledgeable at all with this stuff. Just looking to see some opinions from people who know more than me.
Was handing over decision making to the community a bad idea for Cardano? I heard Charles say in an X space yesterday that all of the IO researchers will leave if they don’t get the treasury funding approvals. He just tweeted it as well. Thats kind of a big deal if true right?
We could debate the whole Charles/IO take my ball and go home attitude but if it’s a real thing that they need the money to continue development of the ecosystem and its being withheld …thats scary for those with big bags right? Is there anyone capable of filling those shoes and carrying Cardano out of situation it’s in if that happens?
Imagine if the CEO of a major company said hey everyone we are running out of money to continue developing this tech and might give up…id imagine current investors would hop ship…potential investors would run away…and I mean the big players/partners not just the average “hope I get rich off this” investor.
Like I said I’m no expert just looking for opinions…is the ecosystem able to really win with that sentiment? Cause I see that and it sounds like a holy shit moment to me when the founder is saying hey we might have to give up. I wanna reiterate my shock…I compare it to a Fortune 500 company and hearing that come from the main guy…yikes could you imagine?