Re: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%
Right now DMD is cheap but it could be prohibitively expensive in the future to acquire 10 000 diamonds for a validator. Even the 100 diamonds for a delegated stake could keep people out soon. Right now it's a healthy lower limit with 100 diamonds to get staking but is it possible to vote for changes to these limits in the DAO in the future when needed?
the chances that a normal guy can get hands on a validator size junk of DMD will decrease over time i aggree thats what early adopter advantage is
regarding staking minimum of 100 DMD even if DMD is at 100$ thats in reach for a normal guy in developed countries
yes the dao can decide to fund development of a code upgrade to lower min staking amount as it
but its not by default a value that can be adapted just by a easy dao voting
Also I wonder how you look at acquring non digital assets with the DAO funds. A DAO, like a business, should, if their values are good, aim at conquering the world in my perhaps actually not so humble opinion 
The white paper reads "any other activity that the coin holders choose to fund based on proposals to the Governance DAO". Could this include start up costs for businesses generating DMD buy streams? For example diamond resorts accepting only DMD. How do you look upon the DAO owning non DMD assets like land, property, etc? This would require government registered individual ownership or a registered organisation ownership even if tricky cryptographic locks maybe could be developed and installed for some things.
The white paper reads "any other activity that the coin holders choose to fund based on proposals to the Governance DAO". Could this include start up costs for businesses generating DMD buy streams? For example diamond resorts accepting only DMD. How do you look upon the DAO owning non DMD assets like land, property, etc? This would require government registered individual ownership or a registered organisation ownership even if tricky cryptographic locks maybe could be developed and installed for some things. basically we have to seperate between on chain and secured by mathematic and code is law
and offchain where we need to trust the other side
the way set up a dao funding proposal is very simple (simple is beautyful!)
and a fee have to paid for set up a proposal to avoid joke/non serious proposals are created
funding address
funding ammount
reason (shorttext onchain in proposal but its possible to link to external longer project description)
now the voting the transaction of dao funds that is all on chain
but anything thats outside of chain is based on trust
that is why people that propose stuff should already earned themself a reputation and trust before ask for funding of theor project
or they should start small and have a great explaination why it make sense trust them with a small amount so they can build something great for DMD ecosystem
im against try to link a dao to any kind of legal structure or entinity
that just add more players we have to trust
goverments judges lawyers banks and so on.......
we wont be able and in my opinion we should not try to build a bridge above that barrier
face it that everything that happens outside of blockchain reputation and trust and carefull funding only in small junks is the important part
now u might think that limits our abilities
but think bigger in fact its already possible and the possibilities will raise to own gold real estate shares and company tokens and so on on a blockchain and most of that projects run on ethereum smart contract platforms and as such are possible moveable over a bridge towards DMDv4 chain
and as soon as its on DMDv4 chain its secured by mathematic and code is law
there might be an issue when KYC is required there we have to wait if in future society will advance to give DAO a possibility to be a entinity
but im only for aiming in that direction if it dont lowers the core advantages of a decentral openen source blockchainbased organisation
im just one man and i have one voice and my voting weight is my DMD
so what i think is just a piece of the dao voting power and what direction it will go