personally i see governance and decentralisation together a bit of an oxymoron tbh. Governance is where it all goes wrong. Build systems that self regulate and take care of themselves without humans. Humans are the worst.
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The problem is how do you chose which 20 supernodes run the system. And if you don't have supernodes, how do you scale?
Scaling for social media requires some compromises.
Ultimately capitalism should decide.
Voting is a wheel. It can't be replaced. It will have its form in web 3 with DPOS.