A DAO has no assets that can be seized and is subjected to no laws. A DAO is nothing more than a shared idea and is therefore bulletproof.

"The critical ingredient to being autonomous is being sovereign over information. Bitcoin, when viewed as a company, can make no promises, hold no secrets, and hold no assets that it is not fully self-sovereign over. By “fully self-sovereign” it means they are solely subject to the Bitcoin consensus algorithm.

A DAO is therefore consensus over information and can never be destroyed unless all copies of the information are destroyed. In the digital age, destroying all copies of anything is next to impossible.

We can therefore say that a DAO is pure information, the value of which is judged by the market. A DAO only depends on the freedom of speech and the open source software to deterministically interpret that speech into a shared consensus.

A DAO has no assets that can be seized, no laws it is subject to. A DAO is nothing more than a shared idea and is therefore bulletproof.

If an organization depends upon “shared ownership” of tangible property, then it is not a DAO, because the property could be taken or destroyed. If an organization depends upon any information it is not sovereign over, then it is not a DAO.

This is what defines a DAO:

No Secrets (e.g. communally owned private keys)

No Legal Standing

No Tangible or Intangible external Assets

No Intellectual Property

No Monopolies on Infrastructure

Just consensus over forkable Information"