Bitcoin is actually the prototype of a DAO — you just didn’t know it 🪙😁

Here’s why:

1️⃣ No CEO, no central authority

Bitcoin isn’t run by a company or a person. It operates purely on protocol, open-source code, and rules that only change through consensus — just like a DAO

2️⃣ Decentralized governance

Any network changes go through proposals, community discussions, and votes (BIPs, soft forks). That’s DAO-style collective decision-making in action

3️⃣ Roles are clearly distributed

Developers are like lawmakers, miners — the executors, and nodes act as judges. Each role is essential to keeping the system running, like in a well-structured DAO

4️⃣ Built-in tokenomics and treasury logic

Rewards and fees are hardcoded into the protocol. It’s basically an auto-managed DAO treasury — governed by code, not by people

5️⃣ Shared mission unites the community

Bitcoin isn’t just software. It’s a global movement with values and goals — a core trait of strong DAOs

So yes, DAO didn’t start with Ethereum. It started with Bitcoin — the first self-governing digital organization powered by code, before the word “DAO” even existed 🤷🏻‍♂️