11–20 of 85 posts
>“In general what you really want in any kind of a voting-governed structure like the DAO is you want the voters to vote their true preferences. You want them voting in line with what they want to see happen,” says Sirer. In other words, if a token-holder thinks that the proposal will yeild[sic] profits and increase the net worth of the DAO, he should vote yes. If not, he should vote no. But that’s not what we’re lik…
>“In general what you really want in any kind of a voting-governed structure like the DAO is you want the voters to vote their true preferences. You want them voting in line with what they want to see happen,” says Sirer. In other words, if a token-holder thinks that the proposal will yeild[sic] profits and increase the net worth of the DAO, he should vote yes. If not, he should vote no. But that’s not what we’re lik…
Discussion around the issues outlined in the report have already begun (before the report was published) in the DAO forums. It's not unexpected that there will be problems. This has never been done before. But the fact that this report exists, the problems are being discussed, and there are already talks of proposals for resolving some of the issues is a good sign that the DAO is working as intended... The community…
I love the idea of a corporation ran completely by rules and regulations. But the blockchain sours it for me. I just do not believe that operates in any way like a currency must.
Discussion around the issues outlined in the report have already begun (before the report was published) in the DAO forums. It's not unexpected that there will be problems. This has never been done before. But the fact that this report exists, the problems are being discussed, and there are already talks of proposals for resolving some of the issues is a good sign that the DAO is working as intended... The community…
Discussion around the issues outlined in the report have already begun (before the report was published) in the DAO forums. It's not unexpected that there will be problems. This has never been done before. But the fact that this report exists, the problems are being discussed, and there are already talks of proposals for resolving some of the issues is a good sign that the DAO is working as intended... The community…
The "investors" risk losing all their money, and the curators and contractors risk going to prison because they are conducting an illegal securities offering with no valid exemption.
Discussion around the issues outlined in the report have already begun (before the report was published) in the DAO forums. It's not unexpected that there will be problems. This has never been done before. But the fact that this report exists, the problems are being discussed, and there are already talks of proposals for resolving some of the issues is a good sign that the DAO is working as intended... The community…
The "investors" risk losing all their money, and the curators and contractors risk going to prison because they are conducting an illegal securities offering with no valid exemption.
They may lose money, they may make some. But it's a grand experiment of a kind that's never been tried before and I'm curious to see the results.
Earlier quoted context omitted.
The "investors" risk losing all their money, and the curators and contractors risk going to prison because they are conducting an illegal securities offering with no valid exemption.
Curators may face legal risk, but contractors are just contracting. Nothing illegal about that.
Earlier quoted context omitted.
The "investors" risk losing all their money, and the curators and contractors risk going to prison because they are conducting an illegal securities offering with no valid exemption.
In a way, this is like Uber or Airbnb, you can't ask permission or you'd be out of business before you managed to change the laws. Asking forgiveness is not only easier than asking permission, sometimes it's the only viable route. They may lose money, they may make some. But it's a grand experiment of a kind that's never been tried before and I'm curious to see the results.