The problem of designing a trustworthy institution that can't be betrayed by its leaders and whose operations don't consume all its resources is a *real* problem - it's quite possibly *the* real problem - but adding a DAO does nothing to solve the core problems of institutional design, and actually makes some of those problems worse.
There's another *real* problem with a fictitious solution that is - surprise! - tied to another tech bubble: digital sovereignty.
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