a16z suggests Machiavelli to fix decentralized governance By Cointelegraph

Principles written almost 500 years ago by Niccolò Machiavelli — author of the controversial political work The Prince — are the solution to solving decentralized governance issues in autonomous organizations, according to a blog post by venture capital firm Andreessen Horowitz (a16z).

The piece is signed by a16z’s general counsel and head of decentralization, Miles Jennings, who believes that “applying Machiavellian principles to decentralized governance in web3 can address current shortcomings.” According to Jennings, Machiavelli’s philosophy has a pragmatic understanding of struggles of social power, which are similar to those experienced by crypto protocols and their decentralized autonomous organizations (DAOs).