Real World Governance is Poop! by bengy

hive-167922 · @bengy · Jan 21 '23

$8.45

Real World Governance is Poop!

<div class="text-justify">

<center>![Real World Governance is Poop!.jpg](https://files.peakd.com/file/peakd-hive/bengy/23xpAczXK5FvnxaoNG9hbXRoYW1f8J7ZUCouaacgxkyjSEp6N3bhGRppNJ8TzReWAitkc.jpg)</center>

Honestly, the area of shares, company governance, and the stock market is one area is ripe for the introduction of blockchain or some sort of decentralised infrastructure that isn't the completely analog, snail-mail crap show that currently exists... 

Seeing as I had bought a bunch of new types of shares recently... and yes, that is also a bit of a slow, broker led poopshow that digitally seems to be instant, but in reality still takes days to settle properly... 

... oh yes, seeing as I had new shares in different companies, I was also receiving information about how to take part in the shareholder meetings. Which essentially means voting by proxy... and filling out forms to authorise a proxy take part and vote on our behalf. So, the non-chain equivalent of delegation of votes. However, it means that I need to find a proxy, and then fill out the form and then snail mail the instructions... at which time, I guess I will receive some sort of mail in reply that will let me know that everything has been processed. Sigh... what a rigmarole, and quite honestly, I just don't have the willpower or interest to do it... 

... meanwhile, on-chain governance is super easy... snapshots are taken, proposals made online, and then voting is done instantly and securely via the internet. Easy... and I have taken part in quite a lot of on-chain governance votes. It is super easy, and the voting windows are generally long enough to make it easy to do in a moment of spare time.... and they happen all the time, instead of at some special shareholder's meeting in a specific city at a specific time. 

I've pretty much ditched all these shareholder governance forms in the bin... I really just can't be bothered, and as such, all my votes (and likely all the votes of most retail investors) are just defaulted to the chair who will seem to just vote YES to everything presented. Ah well... this is what you get when you have a "democratic" system, but with large and unnecessary barriers to participation. Yet another future application of blockchains, and one that can't come soon enough... although, it would require a good deal of other infrastructure to be in place... 

... but it is yet another thing that astounds me... it is almost as if our general progress has been in SPITE of the legacy infrastructure and systems that surrounds us. But it is fast coming to the point when these legacy things are holding us back and creaking at the seams... and the only reason that they are properly gutted and rebuilt is the sheer fact that there are highly entrenched interests that actually benefit from the inefficiencies and inadequacies of the existing system. 

... the future and the digital revolution can't come fast enough. 



https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmQgdKBYt2WqqK4iNvDmFsZHUJfu9t62Hz1JxHAwJ7SyoB/thealliance_pagebreak.png

I can also be found cross-posting at:
[Hive](https://peakd.com/@bengy/posts)
[Steem](https://steemit.com/@bengy/posts)
[Publish0x](https://www.publish0x.com/@bengy)

# <center>Handy Crypto Tools</center>

[Ledger Nano S/X](https://www.ledger.com?r=7db72b914099): Keep your crypto safe and offline with the leading hardware wallet provider. Not your keys, not your crypto! 
[Binance](https://www.binance.com/?ref=18699956): My first choice of centralised exchange, featuring a wide variety of crypto and savings products. 
[GMX.io](https://gmx.io/#/?ref=87f6gsf4): Decentralised perpetual futures trading on Arbitrum!
[Coinbase](https://www.coinbase.com/join/58034401fb82d963dcd35ef4): If you need a regulated and safe environment to trade, this is the first exchange for most newcomers!
[Crypto.com](https://crypto.com/app/tbuc7826zu): Mixed feelings, but they have the BEST looking VISA debit card in existence! Seriously, it is beautiful!
[CoinList](https://coinlist.co/clt?referral_code=4CA9XD): Access to early investor and crowdsale of vetted and reserached projects.
[Cointracking](https://cointracking.info?ref=S596141): Automated or manual tracking of crypto for accounting and taxation reports. 

 <a href="https://shop.ledger.com/pages/ledger-nano-x?r=7db72b914099"><img width=728 height=90 src="http://www.ledgerwallet.com/affiliate/image/728/90"></a>


</div>



<center><a href="https://peakd.com/@bengy"><img src=https://images.hive.blog/0x0/https://steemitimages.com/0x0/https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/bengy/IxCcXN5m-upgoats-bengy-gen-1.png><br/></a></center>


<center><sub>Upgoats by ryivhnn
Account banner by jimramones</sub></center>






<center><a href="https://peakd.com/@classical-radio"><img src=https://steemitimages.com/DQmeoERDzqJXs2uwJ3BQjuKvTEQf4jjhCxuAr6pt87qkGr5/Classical_Music_smaller.png><br/></a></center>


<center><sub>The classical music community (Subscribe at [Steempeak](https://steempeak.com/c/hive-193961/created) and [Peakd](https://steempeak.com/c/hive-193961/created)) at #classical-music and [Discord](https://discord.gg/ppVmmgt). Follow our community accounts @classical-music and @classical-radio. Community Logo by ivan.atman</sub></center>


</div>
 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bengy/real-world-governance-is-poop)

👍 spectrumecons, buggedout, ausbitbank, enjar, lordbutterfly, therealyme, smasssh, captainhive, psyberx, jaynie, bdmillergallery, abh12345, netaterra, hive-106316, centerlink, eturnerx, fullcoverbetting, mrsquiggle, scooter77, holoz0r, soyrosa, steemcryptosicko, pandasquad, gamersclassified, trincowski, felt.buzz, emergehealthier, marianaemilia, upvoteshares, vcclothing, techcoderx, psyberwhale, crowdwitness, primalamusica, simplymike, goldrooster, dog-marley, oldtimer, silverd510, breakoutthecrazy, drricksanchez, thelogicaldude, battlemaster, vegoutt-travel, bearone, pardinus, hivefolks, camuel, positiveninja, chrisdavidphoto, jayna, drwom, trentonlundy1, whymonkey, saltyreptile, evlachsblog, cicisaja, sanjeev021, lastravage, sickshark, skaarl, el-dee-are-es, sapphic, niouton, and 143 others

`author`	bengy
`permlink`	real-world-governance-is-poop
`category`	hive-167922
`json_metadata`	{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@bengy/real-world-governance-is-poop","links":["https://peakd.com/@bengy/posts","https://steemit.com/@bengy/posts","https://www.publish0x.com/@bengy","https://www.ledger.com?r=7db72b914099","https://www.binance.com/?ref=18699956","https://gmx.io/#/?ref=87f6gsf4","https://www.coinbase.com/join/58034401fb82d963dcd35ef4","https://crypto.com/app/tbuc7826zu","https://coinlist.co/clt?referral_code=4CA9XD","https://cointracking.info?ref=S596141","https://shop.ledger.com/pages/ledger-nano-x?r=7db72b914099","https://peakd.com/@bengy","https://peakd.com/@classical-radio","https://steempeak.com/c/hive-193961/created","https://discord.gg/ppVmmgt"],"image":["https://files.peakd.com/file/peakd-hive/bengy/23xpAczXK5FvnxaoNG9hbXRoYW1f8J7ZUCouaacgxkyjSEp6N3bhGRppNJ8TzReWAitkc.jpg","https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmQgdKBYt2WqqK4iNvDmFsZHUJfu9t62Hz1JxHAwJ7SyoB/thealliance_pagebreak.png","http://www.ledgerwallet.com/affiliate/image/728/90","https://images.hive.blog/0x0/https://steemitimages.com/0x0/https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/bengy/IxCcXN5m-upgoats-bengy-gen-1.png","https://steemitimages.com/DQmeoERDzqJXs2uwJ3BQjuKvTEQf4jjhCxuAr6pt87qkGr5/Classical_Music_smaller.png"]}
`created`	2023-01-21 08:56:00
`last_update`	2023-01-21 08:56:00
`depth`	0
`children`	2
`last_payout`	2023-01-28 08:56:00
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	4.244 HBD
`curator_payout_value`	4.203 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	5,424
`author_reputation`	1,057,360,893,416,628
`root_title`	"Real World Governance is Poop!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	120,066,692
`net_rshares`	16,140,429,643,010
`author_curate_reward`	""

properties (23)vote details (207)

voter	rshares	pct
ausbitbank	1,284,353,081,940	50%
krystle	749,687,208	40%
sunshine	2,657,792,444	0.5%
netaterra	347,800,240,341	15%
oldtimer	38,456,140,146	100%
holoz0r	194,446,339,704	100%
abh12345	422,046,594,875	15%
slider2990	1,045,395,986	20%
funnel	6,020,557,548	11%
smasssh	852,662,521,675	20%
underground	1,729,800,315	7.5%
gamersclassified	146,506,497,253	100%
forykw	2,794,170,527	0.5%
mikepedro	3,619,605,240	50%
gohba.handcrafts	587,454,087	7%
scooter77	210,063,809,334	100%
drwom	17,910,933,916	50%
bearone	26,881,668,345	30%
enjar	1,199,750,391,656	100%
teamaustralia	10,511,075,140	45%
centerlink	243,336,788,938	100%
jaynie	493,629,907,185	25%
spectrumecons	1,877,585,317,102	30%
jayna	17,998,129,301	3%
grapthar	1,875,604,911	0.75%
joeyarnoldvn	557,604,395	1.66%
eturnerx	242,526,715,969	13%
felt.buzz	113,975,006,542	12.5%
shebe	516,665,710	6%
onethousandwords	1,967,540,628	50%
buggedout	1,798,992,990,631	50%
emergehealthier	113,157,639,519	30%
chrisdavidphoto	19,110,883,654	30%
djlethalskillz	1,510,130,557	5%
mrsquiggle	214,898,467,682	75%
webcoop	6,568,675,465	50%
saltiberra	1,739,898,866	12.5%
deadsparrow	518,281,244	12.5%
masterwu	3,373,873,064	30%
fatman	8,754,591,938	2%
infamousit	6,904,067,938	25%
minloulou	4,977,703,922	70%
vegoutt-travel	28,470,506,359	30%
wolfnworbeikood	4,799,792,236	13%
cryptwo	10,292,828,992	90%
abitcoinskeptic	2,134,201,814	7.5%
jordan.white306	1,138,091,724	50%
dudeontheweb	2,934,456,792	4.4%
bengy	3,227,862,532	3%
bennettitalia	3,028,826,595	25%
tryskele	1,325,293,941	5%
bec-on-the-block	2,759,639,187	50%
kingeazi	514,807,095	50%
soyrosa	162,409,026,258	50%
fullcoverbetting	228,767,204,518	75%
goldrooster	55,185,592,317	100%
philnewton	513,640,953	7.5%
trincowski	118,117,654,381	25%
pandasquad	151,695,446,355	100%
shaidon	8,519,823,605	11%
twanz	543,290,781	100%
organicgardener	609,018,541	25%
gio6	867,209,326	50%
fireguardian	683,857,467	5.5%
gjart	1,682,984,539	30%
stevee	3,720,159,401	100%
mondoshawan	8,028,586,837	40%
putu300	1,339,210,800	15%
positiveninja	19,205,883,867	50%
oadissin	1,238,125,353	5.5%
simplymike	56,278,135,313	50%
evlachsblog	14,116,149,170	50%
silverd510	37,776,732,606	100%
vcclothing	69,974,881,039	40%
sapphic	11,682,083,370	50%
cicisaja	13,821,206,163	40%
davenavarro	4,326,693,343	100%
ravenmus1c	2,692,421,774	15%
peter-ella	2,329,400,505	70%
sussexmusicfest	883,202,379	100%
bobaphet	4,086,446,548	10%
terrybogan	10,928,467,862	30%
philippekiene	8,071,073,521	40%
lordbutterfly	996,785,378,817	100%
cryptoslicex	1,353,614,628	50%
sickshark	13,238,595,350	50%
camuel	19,993,129,110	20%
el-dee-are-es	12,551,021,109	10%
juxtamusic	1,520,461,737	100%
lifeofryan	8,206,522,333	50%
moeostar	929,237,732	100%
leomolina	2,224,631,211	9%
musicvoter	683,690,219	1%
techcoderx	69,063,498,091	100%
winkandwoo	10,955,307,376	75%
musiciansupport	3,922,093,813	100%
theluvbug	4,244,325,384	25%
bdmillergallery	440,739,254,205	40%
bretho	1,303,778,617	95%
niouton	11,642,218,883	40%
soma909	770,140,306	100%
breakoutthecrazy	37,238,745,718	100%
dgi	1,087,249,546	20%
fl15	4,085,090,473	60%
anyer-quantum	600,510,637	100%
carl05	813,690,641	5.5%
lastravage	13,310,637,222	100%
starfinger13	2,582,387,454	75%
motorway	1,589,616,048	100%
jason.che	580,123,076	50%
pardinus	23,556,770,049	10%
lillywilton	4,937,205,490	20%
dog-marley	54,316,304,627	100%
skaarl	12,620,950,806	50%
deividluchi	2,356,493,349	50%
p4ragon	4,054,806,072	50%
whymonkey	15,300,603,778	100%
pedrocanella	552,805,921	11%
cryptodonator	3,735,195,208	100%
upvoteshares	82,175,216,403	20%
dosh	1,156,518,818	11%
canna-collective	653,345,189	2%
minminlou	551,612,413	56%
anti-bully	1,182,080,983	100%
jay.ell	1,258,361,584	100%
sanjeev021	13,597,424,044	5.5%
marianaemilia	84,187,413,904	11%
bufinjer	4,291,811,394	50%
positiveninja2	991,546,817	25%
steemcryptosicko	154,317,116,069	15%
misterengagement	1,171,937,818	15%
bolachasmonster	539,750,714	5.5%
gomster	496,890,069	5.5%
crowdwitness	65,291,206,018	50%
apokruphos	3,198,585,227	1%
battlemaster	29,158,320,429	25%
greendeliver-sm	6,446,262,119	80%
monsterdoom	620,830,146	25%
lolasophiedanton	1,702,293,632	90%
thelogicaldude	32,317,797,891	30%
skeeboo	576,296,259	100%
poliwalt10	4,475,559,784	10%
bastter	1,148,837,815	11%
anosys	929,574,536	30%
spinvest	2,567,485,908	15%
steem-key	3,060,690,778	100%
mindtrap-leo	2,470,748,457	100%
comparestore	2,513,915,510	100%
liaminit1	4,367,151,834	90%
vipservice	1,918,790,835	2%
khalstem	1,905,578,185	100%
therealyme	869,152,333,666	15%
bella.bear	3,180,534,346	50%
tariqul.bibm	751,475,173	100%
suriel3000	937,380,181	100%
gloriaolar	3,950,629,684	4.5%
bruce79	139,535,682	100%
hive-113115	814,815,802	40%
captainhive	701,399,253,729	30%
risingstargame2	1,581,173,483	100%
zaddyboy	3,384,646,796	80%
carlosro	3,380,694,957	11%
brucolac	820,242,704	6.6%
yozen	972,769,195	10%
traderhive	2,383,930,131	1%
xrayman	2,221,110,402	5.5%
giemo	911,517,036	11%
saltyreptile	14,406,893,276	16%
benk07	189,602,465	100%
drricksanchez	36,841,091,046	7.5%
re-public	541,810,039	5%
primalamusica	56,533,773,654	10%
hive-106316	325,984,903,680	80%
mattbrown.art	606,995,398	7.5%
mirteg	2,541,542,020	10%
koyel	2,698,984,619	50%
trentonlundy1	15,629,110,521	100%
hkinuvaime	1,038,682,679	5.5%
scrubs24	1,504,749,319	8.25%
splintercell-01	1,161,355,224	5.5%
kojiri	492,567,125	5.5%
akmenos	501,091,710	100%
psyberx	639,533,868,494	20%
elfino28	972,567,038	7.7%
drexlord	3,645,233,125	7.5%
topbooster.leo	612,275,377	50%
hivefolks	22,271,666,082	100%
eijibr	924,779,319	6.6%
jagmeet12	838,419,092	5.5%
bfciv	629,698,797	25%
genepoolchlrn8r	1,212,083,307	5.5%
sydechan	895,237,663	100%
prosocialise	7,862,889,066	5.5%
treasuree	2,489,310,990	51.6%
mesk	612,553,781	5.5%
dragonmk47	5,871,712,072	5.5%
isabel-vihu	4,514,532,810	15%
philipp87	494,689,420	11%
psyber-x	2,658,932,677	20%
psyberx.witness	5,393,323,282	20%
genepoolcardlord	6,089,545,035	5.5%
psyberxmarket	766,067,509	20%
genepoolrentsclr	2,837,117,737	5.5%
psyberwhale	68,842,559,917	16%
piyamito	2,179,852,006	100%
thepeoplesguild	658,320,760	5.5%
georgesantana73	490,016,294	100%