You can say the same exact thing about Bitcoin. Replace the words ETH and DAO with BTC and you will find the same similarity.
I'm absolutely fucking speechless at this retort. Roach or Spoetnik, care to comment on this?
I don't understand why you are so perplexed the DAO is a new system like Bitcoin is.
New system? The Dao is just a smart contract/ token barfed up from the Ethereum blockchain.
Just go here. Copy, paste, edit. You too could become the next millionaire.
Again you speak about similarities between Bitcoin- Bitcoin can be cloned this is why we have the alt industry. What I'm saying is it is a different idea, it is a special idea.
An altcoin industry? I could have my dog(e) take a daily dump and call it an industry too. I could then try to convince people that if they can give me enough $$$ upfront, that I can improve upon it and give it all kinds of new and innovative features. Perhaps promise that it will be the next cure-all for whatever physical, emotional or financial turmoil they are facing. Perhaps I can have the logo plastered on some race car to make it seem more legit.
I don't really understand this arguement, technological development is happening here.