What’s on the horizon for FinTech and Crypto in 2022?  

Hello friends and Happy New Year 2022. I strongly believe that this year is going to be the year of crypto. In today’s episode, it is dedicated to DAOs (Decentralized Autonomous Organization) and why I don’t believe in them.

Join me as I share my thoughts on DAOs and their possible future.

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Today's episode:

[00:58] - The focus of this episode:  DAOs 

[02:06] - Bitcoin ecosystem is generally considered the first functioning DAO

[03:24] - Two most popular DAO cases.

[06:25] - Why do I think that DAO is a bad idea for escaping or avoiding regulations, or jurisdictions.

[07:32] - And the three main problems with DAOs in this case. 

[09:22] - An internet community with a shared bank account sounds great in theory.

[09:44] - Funding of a DAO and function of a DAO often depends on distributing tokens

[10:17] - Why DAOs are a weak governance idea.

[12:03] - What may happen in the future for DAOs.

 

Show links:

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