“Group bids for big-ticket collectibles aren’t new. But ConstitutionDAO is a particularly quixotic example of what’s known as a ‘decentralized autonomous organization,’ a kind of internet-native co-op that is governed with cryptocurrency tokens and blockchain-based ‘smart contracts’ instead of traditional corporate boards and bylaws … A successful bid for the Constitution would likely be the largest purchase by a DAO. And it would signal that these groups could extend their reach beyond digital goods and into more traditional markets.” Kevin Roose in the NYT (Gift Article, No Crypto Required): They Love Crypto. They’re Trying to Buy the Constitution. ‘How a “financial flash mob” is trying to raise $20 million for a rare copy of the U.S. Constitution.’ (Given how little the Constitution is being respected these days, they might be overpaying…) On their site, the group says, “We’re buying the constitution and it will be governed by the people.” I’m old enough to remember when the people were governed by it.