Doesn't the US democracy work the same way though? The constitution is a contract that can't be broken...until the citizens vote to change it of course. I'm no

Doesn't the US democracy work the same way though? The constitution is a contract that can't be broken...until the citizens vote to change it of course. I'm not a lawyer but I think they could have easily covered their butt if they added a clause to the contract saying the DAO can change the contract if necessary. But looks like they won't be going to court anyways since both parties formally agreed to the final deal. Of course this is going to be a stain on the DAO in question. Investors are going to be more wary of signing on. But I don't think this effects the concept of DAOs in general. Ultimately governance is determined by the people, not by contracts. For example, next year the US could pass a law that redistributes the wealth of all billionaires. Completely pulling the rug out from under this tiny tiny minority of people (just like the aforementioned DAO situation). But this doesn't mean democracy is broken. It will just have massive downstream effects where people become afraid of reaching billionaire status. It wouldn't be a failure of democracies in general, just a failure of one particular democracy.