Re:EU plans to make Bitcoin transfers more traceable
by knownjorbist on Wednesday July 21, 2021 @01:06AM
(#27902525)
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
[ Parent
| on HN ]
Re:EU plans to make Bitcoin transfers more traceable
by meltedcapacitor on Wednesday July 21, 2021 @05:08AM
(#27904000)
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.
Re:EU plans to make Bitcoin transfers more traceable
by ulzeraj on Wednesday July 21, 2021 @05:46AM
(#27904190)
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.
Re:EU plans to make Bitcoin transfers more traceable
by yawaworht1978 on Wednesday July 21, 2021 @05:31AM
(#27904109)
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-...
Re:EU plans to make Bitcoin transfers more traceable
by peteretep on Wednesday July 21, 2021 @03:36PM
(#27911028)
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.