Here we are seeing the transition from governments to networks. The community is not based upon the geographic location one is in. Instead, it is applied to the network one is tied to. In a digital world, physical location means nothing. It all comes down to the network.
I think this aspect of transition from government to networks is what most governments around the world is fighting against. For instance, the said reason for banning cryptocurrencies operation in Nigeria was because the Central Bank of Nigeria (CBN) couldn't regulate the transactions of cryptocurrency holders. I believe since most governments can't create employment opportunities for their citizens, they should allow the operation of DAOs all over the world. Most jobless and unemployed youths are now having a means of livelihood in digital organizations. Therefore, it's important for citizens all over the world to push for the adoption of Decentralized Autonomous Organization. Thanks.
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I would agree. There is a major threat although I am not sure governments realize the extent it is. They are looking at it from a financial perspective which is only one element of it. This is going to snowball and hit them on many different levels.
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