🔥 Upsides

• Democracy: Anyone with tokens can vote, giving power to the community.
• Transparency: All decisions and transactions are on-chain, open for all to see.
• Global Access: Anyone, anywhere, can join and contribute.
• Efficiency: Smart contracts cut bureaucracy, automating processes.

❕ Downsides

• Security Risks: Hacks (e.g. The $50M DAO Hack of 2016)can drain funds.
• Slow Decisions: Voting can delay urgent actions.
• Inequality: Wealthy token holders may dominate votes.

🔥 Top bank-supported crypto countries:

• Singapore — Banks like DBS offer clients access to crypto trading via licensed platforms.
• Switzerland — SEBA and Sygnum are fully regulated banks providing crypto services.
• Germany — Banks such as Commerzbank and SolarisBank have launched crypto offerings under BaFin regulation.
• Brazil — Major banks like Itaú and BTG Pactual are rolling out crypto platforms.
• UAE — In Dubai, banks collaborate with exchanges under the VARA regulatory framework.
• USA — Some banks like J.P. Morgan provide access to crypto funds.

⚡️ Why it matters:

• Simplifies entry into crypto for new users
• Builds trust through regulation and protection
• Reduces risk when purchasing digital assets