this post was submitted on 09 Feb 2024
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[–] General_Effort@lemmy.world 1 points 9 months ago

Company is actually not a broad term, it’s a legal term with a specific meaning.

In what jurisdiction and what does it mean?

MakerDAO is not a company, it’s a smart contract.

Well, what kind of legal entity is it?

But ultimately that’s the thing that you’re arguing here, so you can’t simply state it as a premise. That’s the classic meaning of begging the question.

I'm sorry. I thought this was a well known fact. I don't know what I should assume about your background knowledge. You don't seem to want to be perceived as having none.

I don't believe this is anything I have argued for here. I have mentioned certain facts, mainly about the economics. It's perhaps best to stick to the matter at hand. But if you have questions, I will answer, of course.

That came out of nowhere, this is the first time an accusation of fraud has shown up in this discussion. What fraud?

Again, I'm sorry. I thought it was clear that I was referring to Tether. I see that one could think I was meaning MakerDAO, but I really don't understand it well enough to say.