Why the fuck would we even be working on crypto currency if governance worked. Crypto currency would be entirely unnecessary if democracy actually worked.
Good point. The same could be said for corporations. There is no need to blockchain the corporation; the current model works just fine for what it does. You only need a new model if you want to do
actually accomplish something different.
We are headed into the Knowledge Age where the individuals are their own bosses and so we need perhaps block chain contracts between individuals. No middleman as in the
Theory of the Firm. In that theory, the corporation exists to handle risks and costs related to impedance mismatches when individuals interact, e.g. a key employee dies and no one else can work on the code he was doing. Or the inability to get focus and direction amongst a disparate group of individuals without the discipline of a manager.
We need to learn how to work together in open source, having contracts that reward all parties, yet also provide necessary redundancy, openness, etc.. For now that is a nebulous dream but I think we are working towards that. I hope.