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Vitalik: Visa had a decentralized concept similar to today's DAOs at its inception

Aug 08, 2025 19:46:24

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ChainCatcher message, Ethereum co-founder Vitalik Buterin posted on social media, discussing how the development history of Visa provides insights for modern decentralized autonomous organizations (DAOs). He pointed out that Visa had a decentralized concept similar to today's DAOs at its inception. However, many people now view it as an exploitative or oppressive institution.

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