How is it not? A DAO with with the right setup would require international collaboration to extradite all the members and coerce them to unlock their holdings
Yes sure but most existing crypto players want to be able to drive their Lambo to a nice restaurant in San Francisco or London, not have to live in a cave in Belarus or Haiti as a fugitive from the civilised world.
I'm going to be honest with you but considering last time I've visited SF I'd take a nice Belarusian cave in a heartbeat.
because a company is a legal entity and a DAO is a cryptographic slot machine. A DAO is no more a company than my 10 year old nephew’s gang is a company, although there exist similarly arcane rules, a complex voting system, and a great deal of wishful thinking in both.
Could you turn a DAO into a company? Sure, if you incorporated it, but that requires a country to incorporate it in.