Something especially insulting is the branding of the conversation with ~emoji vibes~ but the actual conversation is your standard awful business innovation bullshit talk. Reflects the DAO thing as a whole
@t54r4n1 This is extremely perceptive and the one thing I would add is that "on the blockchain" means "operating outside the laws of any country". That's the main difference, it's a corporation that doesn't have to be incorporated in any particular nation
@darius@t54r4n1 the cool thing is that to the extent these are securities (probably), securities regulations don't necessarily care if the securities are patriated as long as you or your victims are...
@darius@t54r4n1 classic techbro mindset to a create a thing and just handwave that you created something that not only already exists but is actually subject to a DEEP and actually sometimes enforced body of regulatory law.
@darius I read this whole thing & 1) imagine being called a "hanger-on" to crypto bros. There's the real psychic damage lmao
2. The number one thing I hate about crypto/VC bros is how they just,,,reinvent shitty systems we already have & then pat themselves on the back for being innovative. Running society as a corporatocracy is what we ALREADY HAVE. Its why so many people are unhappy. Youre not the next Bezos or Musk; theyre gonna come sweep you out with the money they already have