I am quoting Carvalho when he says Governance doesnt belong on a blockchain. You want as little governance as possible to be baked in. The more governance you have baked in, the more susceptible it is to being a predatory or being basically an attack factor. Since governance is part of HyperDAO I am wondering if this could be an obstacle to create a really decentralized currency?
Indeed, he may be right, but it is also truth that given the current conditions fully decentralized autonomous organizations cannot meet compliance requirements either. Sometimes investors may become victims of scams due to exploited loopholes found in DAOs. HyperDAO believes a gradual transition programme from a traditional centralized business model to a decentralized model will help to resolve current difficulties while also overcoming obstacles HyperDAO will meet along the way.