4 ms·

> location independent companies That’s not a real thing

• knownjorbist 5y ago
  How is it not? A DAO with with the right setup would require international collaboration to extradite all the members and coerce them to unlock their holdings
  • meltedcapacitor 5y ago
    Yes sure but most existing crypto players want to be able to drive their Lambo to a nice restaurant in San Francisco or London, not have to live in a cave in Belarus or Haiti as a fugitive from the civilised world.
    • yawaworht1978 5y ago
      Well, but not this CEO, and if this site is to be believed, he is just a public strawman. https://scambinance.com/investigations/131-who-owns-binance-casino-guangying-chen-heina-chen-or-changpeng-zhao.html https://scambinance.com/investigations/131-who-owns-binance-...
    • ulzeraj 5y ago
      I'm going to be honest with you but considering last time I've visited SF I'd take a nice Belarusian cave in a heartbeat.
  • peteretep 5y ago
    because a company is a legal entity and a DAO is a cryptographic slot machine. A DAO is no more a company than my 10 year old nephew’s gang is a company, although there exist similarly arcane rules, a complex voting system, and a great deal of wishful thinking in both. Could you turn a DAO into a company? Sure, if you incorporated it, but that requires a country to incorporate it in.