The New York Times: “Reality intrudes upon a utopian Crypto Vision.” Bloomberg: “Crypto Busts May Come Next..” The Guardian: “Blockchain-based DAOs are a real utopian revolution?”

Each week it seems that another traditional media outlet repeats the arguments of financial system defenders who are afraid and disillusioned with the new economic possibilities created by decentralized autonomous organizations. Publications are correct to acknowledge the DAOs’ unsurprisingly early growing pains. However, this kind of hand-wringing doesn’t see the forest for DAOs.