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RE: The World Is Changing: DAC Governance

in #dac6 years ago

Again, I'm not a lawyer, but as I'm working to understand how this works, it seems if we're not a corporate entity like a normal government-created legal corporation, then we'll be seen by governments as an association. In an association, everyone is responsible and liable for everyone else. That means if we had a DAC of 100,000 people and one person did something bad, then all 100,000 people could be considered responsible. If any of those 100,000 are publicly known, they could be targets for litigation.

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So we do need the steem monitors after all......wonderful.
And wonderful...lol
joy

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