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StoptheRotSacktheLot
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1.2K Mga view· 14/07/25· Balita at Pulitika

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OldMcDonald

3h kanina
Hi guys. Regarding this Digital Currency "DAO" system that this girl is talking about. From the 'basic details' that I have read so far, I can already see a few potential problems. 1) Security Risks: Smart contract vulnerabilities can lead to hacks (e.g., The DAO hack in 2016, where $50M in ETH was stolen). 2) Governance Token:
Members typically hold tokens that represent voting power, which mean that the rich (as usual), hold the major power in decision making.
The more tokens you hold, the more influence you have in decision-making. 3) Regulatory scrutiny is increasing, Resilience: Decentralized structure makes DAOs 'resistant' to censorship or shutdown. 'Resistant not Impossible' to censorship or shutdown, which means once again ,so called 'Government' interference and control. https://video.wixstatic.com/vi....deo/b8e7bf_ca6b9848f
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