Lex Fridman vs Michael Saylor

There's a great Lex Fridman podcast with Michael Saylor. They both say a lot of wise stuff. I don't think there's a great conspiracy. I don't think Michael is naive or doing anything other than talking about what he loves.

I too love Bitcoin! Ra-Ra Bitcoin. What's not to like? All four hours are great. I recommend a listen.

At ~03:23 he begins to talk about the regulatory risks of "tokens" that are tied to "a company". The one and only time I noticed he mentions Ethereum is in this neighborhood; only to say that "ethereum will compete with..."

Even things that these days call themselves "DAO's" in most case have a tie to a street address or to individuals who can be called to account for "regulatory" missteps

Among other things, I see DOW's as means of side-stepping regulations, especially as these kind of pressures get greater and folks get used to interacting with DAO's that have no true center and are therefore uncensorable and uncensurable. As someone who only knows so much, I feel that they are coming, whether they are now "here" or not (examples?)

In other words, DAO's, which don't really seem to exist in a practical way outside of Ethereum, will one day be able to make the choice to organize themselves in such a way as to say: Fuck your laws.

Maybe I'm wrong. I'd love some pushback about this dreamy vision I have.

It's hypothetical at this point, I'm sure, but regulatory risk diminishes as crypto, in all of its manifestations as "true pseudonymity" and borderlessness becomes achievable and become only a matter of ticking a checkbox when you roll out your DAO.

I guess most of all I want to say: yay crypto, fuck the haters.