# Evolving Algorand Governance

**URL:** <https://forum.algorand.co/t/evolving-algorand-governance/6646>\
**Category:** Governance Discussions\
**Tags:** defi\
**Created:** [May 3, 2022, 6:58pm UTC](https://forum.algorand.co/t/evolving-algorand-governance/6646 "2022-05-03T18:58:49Z")\
**Posts on this page:** 1\
**Showing post:** 203

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**Author:** ![anon](https://avatars.discourse-cdn.com/v4/letter/a/47e85d/32.png) [@anon](https://forum.algorand.co/u/anon)\
**Post date:** [June 2, 2022, 4:01am UTC](https://forum.algorand.co/t/evolving-algorand-governance/6646/203 "2022-06-02T04:01:36Z")

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@tebok That is an excellent counterpoint you make.

Just to make sure I understand it correctly, as a concrete example, you would argue e.g. that current ALGO holders might not want to decrease opt-in costs for an asset at a point where the price of ALGO is high, because new users would be forced to buy a larger ALGO stake in order to be able to participate, driving the price of ALGO even further up?

I do see something like this could indeed happen, but I think such a situation would naturally resolve itself. Because if existing ALGO holders were to start doing this, new users/projects would seek other platforms to rather build on/use, decreasing demand for Algorand and forcing it to again become attractive for users.

This is actually similar to what is currently happening to Ethereum (there you have the miners resisting change instead of existing holders). But as you see, competitors are emerging that provide better solutions (e.g. Algorand), forcing Ethereum to upgrade. You could argue that Ethereum has had issues already for many years and no one has managed to overthrow it yet. True, however, I imagine that in the future it would be much easier for a competitor to raise because the switching between platforms will be made much easier through development of blockchain interoperability. This interoperability will drive competitiveness, preventing what you mentioned in the first place. That would be a problem only if one (i.e. Algorand) were to dominate the crypto space. But as Silvio frequently says, I do not believe one blockchain will dominate the space, but we will live in a multichain world.

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