[enragedcacti]

> HN and the cynics have been telling us for years that none of this would work, and when we get examples of it working we hear "you could do this without x". yes, in theory you could have a mysql database and a company registered in deleware, and stripe processing payments, and also companies in other countries to handle international payments, and blah blah.....

Or just use GoFundMe?

I agree that none of this would have happened without the crypto bit, but only for the reason that its a rushed and poorly thought out idea that crypto nerds are latching onto as proof that crypto finally has a high profile use beyond speculation.

In reality this solves effectively nothing that centralized systems don't while adding the risk of there being no legal recourse if the team decides not to do what the DAO says.