News event key insights "Vitalik Buterin advocates for "Degen Communism" in a post published on April 1st."
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Three out of five sources interpreted Buterin's post as an April Fools' joke, while the other two reported on it as if it were a regular article.
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Degen communist institutions would embrace a democratic decision-making process, anchored in the principles of dynamism, cross-tribal bridging, and quality.
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The decision-making structure in Degen Communism combines public platforms and prediction markets for extensive consensus-building, supplemented by governance methods like quadratic voting.
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