Bonus: The Crypto Story by Matt Levine - Part 4
Bloomberg Crypto
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Web3 - In Praise of Ponzis
A DAO is a way for people to get together to vote, or control a pot of money. Dows aren't Decentralized Autonomous Organizations; they're smart contracts with no human intervention. A lawsuit was filed against the members of a DAO that ran a system for trading and lending crypto.
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