How legal are DACs around the world?

Started by R2, September 14, 2014, 01:32:40 AM

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tonyk

#2
I am the legal expert here. (From now on!)

The DAC's are completely legal in the world!

In a world, where no countries exist!

How legal are the legal entities of 'states' / ' country'?;

What is the law that allowed them to exist?

Where is this 'earths constitution' that those states followed  to exist and be  'legal?

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

R2

I'm really interested in crypto, but i'm uncertain where the evolution of cryptos and DACs is going in terms of legal status in countries - like some countries have banned bitcoin, have any got a negative stance on bitshares/other DACs whilst they're accepting of bitcoin?

Are delegates going to run into the risk of suffering the same fate as this guy hosting a proxy server in the uk? http://torrentfreak.com/uk-police-takes-down-proxy-service-over-piracy-concerns-140806/

Do you think delegates should have their servers behind fast vpn connections to hide their locations? Would it be inadvisable to host a delegate server on a cloud computing company based in the USA and Europe (Azure, Amazon, Heroku, etc) and instead host them in where the most volume is for bitshares (china/east asia) in the best area legally?

Anyone else thinking the same and don't know if becoming a delegate is safe?