You need DAOs when: 

1. Admin procedures ie registering businesses is cumbersome.
2. What's on your operating agreement is illegal, alegal, or not guaranteed by your jurisdiction and its law.
3. You distrust your guarantor ie govrnment.
4. You need immediate execution of decisions that's free from human error.

I'm a little teapot who didn't fill out my bio

The irony is that *trust between individuals* in frontier markets have a much higher premium than *trust between individuals* in developed markets because trust between individuals depends on trust towards the government.

If individuals trust government less, trust between individuals cost a lot more.

These 4 reasons apply to frontier markets. When compared to developed markets:

1. Admin procedures are less cumbersome.
2. Your jurisdiction and its law is clear on legality and guarantees your operating agreement.
3. You trust your guarantor—out of respect or fear.
4. Less determined by market than on/offchain.