Decentralised Autonomous Organisations are member-owned communities promising transparency, democracy and security – but the financial reality doesn’t always stack up
In 1982, a guy called Benjamin Hoff, who was then employed as a tree-pruner in the Portland Japanese Garden in Oregon, published a charming little book, The Tao of Pooh, in which he argued that AA Milne’s bear had ways of doing things that appeared to echo some of the principles of Taoism, the ancient Chinese philosophy. Taoism teaches the various disciplines for achieving perfection through self-reflection, and one of its central concepts is that of pu – the idea that you should always be open to, but unburdened by, experience.
The Tao of Pooh was a runaway success, spending 49 weeks on the New York Times’s bestseller list. This has given this newspaper columnist, whose occupation is even humbler than that of tree-pruner, an idea for a new, timely bestseller, the title of which – The Dao of Blockchain – neatly embodies two buzzwords for the price of one.
