Hi Ethereum Team,

I have a few questions:

Q1: VALUE OF A ETH: What gives ETH value? Especially if you say it is not a coin, but rather a platform? Would I be correct in making the following analogy: ETH is like an OS (platform) connected to a token ring network with an ever increasing number of workstations (end users), where the ETHer's are basically like tokens on the network that exist to service the system. To use the system to for instance operate a contract, you need to have a token. You can thus only use the system by using tokens, which means you have to acquire them, and thus that's where their value will come from.

Q2: DAO's?!? I haven't been able to wrap my head around DAO (Decentralized Autonomous Organization). To me an organization implies having people to do work and provide services. Even systems that are mostly automated like craigslist, facebook, reddit, wikipedia, still require people to do work that computers can't. The Ethereum video even talks about political parties as becoming DAO's. These are organizations that are in fact people (and not computer) centric. So how can an Ethereum software contract replace an entire political party? Unless the contract has some advanced AI, I don't understand how it can read bills and vote on issues at a level equal to human understanding and morality (yes, I know politicians and morality). Clearly, I'm not understanding what is meant by DAO. Is there somewhere where I can read more about this? Are there any functional and useful real-world examples of DOAs right now that I can read about? If not, what are some hypothetical ones and how might they function, and what service(s) would they provide that remove the human factor? This concept requires a lot more explanation. Far too abstract for my tiny IQ. Thanks.

Q3: Blockchain Scalability : My understanding is that when some of the Bitcoin core devs learned that MasterCoin intended to store all of the world's possible transactions onto the bitcoin blockchain, they nearly had a brain hemmorage - because the blockchain was not designed to handle that much data. Ethereum claims the ability to do even far more than bitcoin resulting in a blockchain that will be N times (100,000... 10 million?) times bigger. Who/what will secure/audit those... the miners? I'd like to learn more about how Ethereum envisions the growth of its blockchain(s), and how in the world it will be scalable.

Q4: Wookiedoes ?! True or False? In another thread somebody said the ETHer's will be named wookiedooes (sp?), I hope that was just a joke and it's not real. Nobody mainstream is going to take seriously a coin/platform named wookiedoo. It's bad enough they laughed at bitcoin for years, and it had a great name... imagine the laughter on CNN when they mention wookiedoos. They can't have a serious conversation on bitcoin, nevermind 'wookidooes'. "Economists" will be cracking jokes on air instead of having any serious discussions. Please hire a legit marketing person if wookiedoes are for real.

Q5:  Real-Time Investment Disclosure: Are you going to provide a public disclosure in real time (or at least updated daily) through the fundraising process of how many people (we don't need their names) invested how much BTC? Is there going to be an 'exodus' BTC address we can simply track on blockchain.info for example?

Q6: Max cap per investor? Have you considered placing a cap on the maximum investment any 1 individual can make? What's to prevent somebody from investing $1 (or 10) Million worth in BTC and owning an excessive % of the system? This would be looked at like a very heavy pre-mine by many.


Thanks,