2 ms·
You're missing the part where this interfaces with the classical finance system. The whole organization that wants to buy an NBA team exists in the US legal sys
by riffraff 5y ago
You're missing the part where this interfaces with the classical finance system. The whole organization that wants to buy an NBA team exists in the US legal system, and that is the point that will be regulated, the fact they get funded with USD via a bank or crypto through a pool is irrelevant.
- vmception 5y agoI was answering in general, these DAOs are dime a dozen and most never try to do something with the classical financial system