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with respect, it’s a naive view. also odd to me the amount of people who are almost totally inactive from governance and participating in the community more broadly who suddenly have strong opinions here
that said, it’s naive because of the reality of power and US regulatory authority. US courts have determined regulatory authorities have jurisdiction to sue DAOs
you can’t be nothing nowhere in court. if you don’t have a legal entity, the court will assign you one based on their jurisdiction
if they do, which has happened, the Cayman Foundation’s corporate veil is pierced and individual token holders are held liable as individuals. Nouns founding circumstances are nearly identical to Lido’s, meaning if a token holder sued the DAO, the same thing would happen
in the event of an enforcement action, (ie the Foundation didn’t pay the 47.7% tax owed to the IRS on US based profits,) US regulatory authorities have the power to subpoena KYC info from Coinbase, etc.
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