sms on Nostr: So a new development has taken place. DeSci or decentralized science. VCs have ...
So a new development has taken place.
DeSci or decentralized science.
VCs have decided they would rather band together through DAOs on the #Bitcoin network to develop pharmaceuticals and compete with big pharma…
By doing exactly what big pharma does, but in a DAO???
I mean props for understanding #Bitcoin is the most decentralized and secure network, but it feels like a cash grab, rug. Picking such a bizarre and unregulated market doesn’t do any favors.
I could be wrong on this. My personal experience can be highlighted as: pharma opts for expensive treatments, and either directly or indirectly prevents cheap cures.
I’m not sure how much decentralization could help this.
DeSci or decentralized science.
VCs have decided they would rather band together through DAOs on the #Bitcoin network to develop pharmaceuticals and compete with big pharma…
By doing exactly what big pharma does, but in a DAO???
I mean props for understanding #Bitcoin is the most decentralized and secure network, but it feels like a cash grab, rug. Picking such a bizarre and unregulated market doesn’t do any favors.
I could be wrong on this. My personal experience can be highlighted as: pharma opts for expensive treatments, and either directly or indirectly prevents cheap cures.
I’m not sure how much decentralization could help this.