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The Problem of States in DAOs
"I personally am a fan of like using these mathematical results as kind of a metaphor for why, in some sense, politics is just inherently unstable," he says. "It really resonates here in India because there's quite a thing in Indian politics, where there are many things wrong with Indian politics." The presence of states poses special challenges to DAOs in general and to currencies in particular,. How are we going to navigate around Chinese attempt at gaining 51%?