lol
There is much to say about it but i dont think its done. We need the tech. Takes time to mature.
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I just had a very long discussion about this on whatsapp, the tech is one thing, making the "contracts" legally enforceable 1/2
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is far beyond the horizon and not even visible at this point.
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The DAO is not a legal entity, it doesn't have personhood like a corporation, it can't own property either physical or 1/2
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or intellectual, it can't be sued for damages because it doesn't exist legally. It can't enter into a legally enforceable,
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contract because only legally recognized entities can enter into contracts so there's nothing keeping me from submitting a
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proposal and dashing with the cash, because the DAO has no standing to come after me.
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Here is the challenge "legal". As we know laws change but once in the blockchain you cant. I agree there is a long way to go :)
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Laws do change, but you're talking about a bunch of lawmakers and courts that have virtually zero knowledge of cryptos @ this pt.
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