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Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
can someone hit me with a concrete example of a situation in which a token holder would be held liable in a way that would be damaging? imo the only potential appeal of duna is if there is a real, tangible risk to owning a noun because of the threat of legal liability. but as someone with basically no law experience I don't know what types of situations might exist where token holders could be held liable. if there are none, or if the likelihood of these situations are extremely small, then I don't think it's worth taking on the downsides of DUNA, and the pros feel more like fantasyland whatifs
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Bixbite šŸ‘½ pfp
Bixbite šŸ‘½
@bixbite
I guess an example would beā€¦. If someone slips and falls at @87bones Deli ā€¦. But that person would take up legal action against the Deli itself where they fell (sorry Bones, but your the only irl example of a physical location at the moment) ā€¦ but I guess the thought is Bones could then try to sue the DAO? Or that person tries to sue the DAO directly? Which still wouldnā€™t make sense, no one sues BofA for financing a car if thereā€™s a crash šŸ¤¦šŸ¼ā€ā™€ļø Or maybe an example would be where we fund parts of @supriyo.eth movie and the next prop hypothetically gets defeated so he sues the DAO to pay for the completion of the film šŸŽ„ ā€¦. Again veryyyyyy unlikely. It seems like very far fetched hypotheticalsā€¦. But also, they would sue the Foundation not the members. Imagine a whole investigation ensues to find the ID of wallet address 0x69420 to serve them papers to find out they live in Dubai & you canā€™t sue them anyways šŸ˜‚ weā€™re scared of the Boogyman under our beds that doesnā€™t exist.
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Michael Gingras (lilfrog) pfp
Michael Gingras (lilfrog)
@frog
Yea this is what I mean by are the pros fantasyland what ifā€™sā€¦. to me, minority protection via fork has felt like a fantasyland construct. Thereā€™s this whole great picture describing how itā€™ll be used to protect the minority, very noble, very decentralized, very cool. But then the reality is that people just used fork to rug the dao and rage quit their funds. Everything has a cost. The cost and risk of fork was that folks would rug and the supposed gain was that weā€™d get minority protection. Was it worth it? The cost of duna is that nouns loses its grassroots feel and becomes challenging to innovate on gov bc everything now needs to approved by US gov. Likeā€¦ love it or hate it, Itā€™s still extremely cool that nouns could implement fork since folks voted and wanted it. But with duna, before adding something like fork, weā€™d have to go knock on us govs door and politely ask permission to do anything novel or interesting. And most likely answer would be NO. So. Is it worth it?
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