6 Comments
Mar 15, 2022Liked by Gabriel Shapiro, Gabriel Shapiro

This post was *so* overdue. Thank you for the clarifications. Everyone in 'crypto' should read this.

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Mar 15, 2022Liked by Gabriel Shapiro, Gabriel Shapiro

thanks ser πŸ™ŒπŸ»

have been thinking that pro-DAO law reform generally gets this mixed up. Much of the time it focuses on taking an assumed end result (basically a Wyoming-type DAO) and working backwards to that. My preference would instead be to ask questions like β€œis there any reason why a person ought not to be able to choose to contract with a [true] DAO?” β€œIs there any reason why participants in a [true] DAO ought not have their personal assets protected from any creditor of the DAO?” β€œIs it possible and desirable for those things to be recognised and protected, while preserving anonymity?”.

Answers to those questions might end up being policy-led but at least preserve the meaning of a DAO, rather than inserting a Discord group into a hedge fund structure.

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Mar 15, 2022Liked by Gabriel Shapiro, Gabriel Shapiro

I just noticed your framework sort of mirrors the inverse of this tweet:

https://twitter.com/0xkaito/status/1481374225394900995?s=20&t=uvf9AyS0LYs-ModqSX9VIw

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Great piece, Gabe. Also, tip of the hat for coining the concept of "non-exit liquidity" recently.

Perhaps one acid test for DAOs can be - is resistant to the concept of non-exit liquidity.

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author

I like this idea (belatedly) = )

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Mar 15, 2022Liked by Gabriel Shapiro

Incredibly helpful post, always grateful for your insight

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