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Vitalik: The original decentralization concept of Visa is similar to modern DAOs, and it is now seen as an exploitative system.
Odaily News Ethereum co-founder Vitalik Buterin stated that the original intention behind the creation of Visa reflects ideas similar to those of modern Decentralized Autonomous Organizations (DAO). However, many people now view it as an exploitative or oppressive system. He believes there are valuable lessons to be learned from this.
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