Quote from: spartak_t on June 14, 2016, 10:01:13 PM

Quote from: X7 on June 14, 2016, 06:52:16 PM

Only time and action will tell what actually happens here - and a click bait title like DAO FAIL is clear on what your true intentions are before even reading through the thread.

You should carefully read what I have later said. I strongly support that part of the Silbert's statement:

Quote from: iamnotback on June 14, 2016, 07:37:44 PM

During his final comments on DAOs, Silbert questioned the role these decentralized organizations can play in the real world. He concluded:

These DAOs that are raising money from the masses with basically its a blank check. Its a pool of capital thats going to be deployed in a way that I think will be very democratic. Im skeptical because I dont know the role it needs to play in society. I dont know, in the capital formation process, whats wrong with our current system that its solving for. Im philosophically supportive. I hope its successful, but I dont see the problem its solving yet.

That is why I've said that if Bill Gates or Warren Buffet (for example) decides to throw over $200Mn in a cryptocurrency/token/asset, I'm all in! No matter if they FAIL at some point, because I will at least know that they thought very carefully before releasing it. DAO's took over $200Mn from the "masses" and now it turned out that they have problemS (not only one). You can't just take $200Mn from the people, without doing vast amount of researches on your product (though I admit again that I didn't make any deep researches on ETH or DAO)! This could kill all the crypto!

This is my problem! I'm not a troll and I'm not against ETH/DAO. Whats better for crypto in general, its better for everybody.

Silbert? he he-he needs to explain why his bitcoin derivative (GBTC) is trading at almost 2X NAV.
Nothing wrong there, no, sireee.