Wow. The comments in here. Your take is pretty informative. Tokenization is also an interesting perspective, but I wonder how decentralization fits in. I think HOA's are a good experiment here. What would happen if we introduce tokenization and decentralize an HOA. What becomes of it.
It's a simple example, but one of the unfair comparisons of using an HOA is that HOA's are closed and don't have to deal with expansion. I think it's a start though. No one likes HOA's.
I am not sure HOAs can be solved by tokenization.
My experience is that you get too many Dudley Do As I Say people involved with them and it ends up as a tyrannical regime.
Most just want to be left alone whereas the power hungry people use that to exert control. If tokenized, they just might buy up all the stake.
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That's a fair point. There's a corruption and there's tyranny. Solving one problem does not inherently solve another.