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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This involves a two-layer stack: Public discussion and consensus-finding platforms, which can allow large groups of people to rapidly participate but include mechanisms to identify points of consensus. This includes tools such as pol.is and Community Notes, which focus on cross-tribal bridging. It also includes prediction markets (eg. Polymarket), which in addition to helping communities surface good predictions, serve the role of giving intellectuals an outlet to express their conviction about their strongest and most fervent beliefs - and for others to bet against them.

The final governance mechanism (eg. voting). This can use quadratic voting, though the "cross-tribal bridging" functionality can be enhanced by ideas like the matrix-factoring algorithm in Community Notes or by pairwise-bounded quadratic voting.

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Degen communism: the only correct political ideology

Vitalik Buterin advocates for "Degen Communism" in a post published on April 1st.

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This setup enables swift, large-scale decision-making that emphasizes quality and adapts to the expertise needed for each issue.

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This setup enables swift, large-scale decision-making that emphasizes quality and adapts to the expertise needed for each issue.

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