Don't know if I understand DAO right .Will lDAO in any way be a financing source for new projects/contrast?
well it's hard to explain. you would have to read all the documentation found in this thread on the DAO and what it is.
but basically their gonna take your money and ... somehow make the tokens they sell us worth more... and then...
well idk, i dont fully understand it myself, but i mean it's built on ETH , that's the trademark isn't it?
I've red documentation and I can't grasp it fully. The reason I've asked because I've had an outlandish vision that DAO could become a decentralised( or any other buzzword) platform as basket of indices on Wall street
I's a shame I don't get tis DAO to connect all dots .Well ,not all but at lest a bit more. well it maybe could. i guess absolutely anything that the words "DECENTRALIZED AUTONOMOUS ORGANIZATION" brings to mind could be what "the dao will do" . it's a crazy ambitious project.
for me i won't worry about what it does , ill treat the token as i do all ETH tokens, as a trading coin. cause that's all their is to do with them all FOR NOW. this will be the same, trust me you will have atleast a year to understand what the dao is, as it will be atleast that long till it actually comes to a head .
are you inv....donating to this?
in all honesty, so far i am not.
it's oversold to say the least
there's a SHITPILE of tokens
it's looking centralized so far
and i am not a fan of having my btc locked for minimum 6+months. i will have the DAO tokens yes, but i don't wanna be forced to sell them IF btc hits 600+ ;p
so not really one for my personal portfolio
thanks. i agree with everything you've written, and there are so many variable factors that can influence the way this plays out over time. it's difficult to model/ impossible to model outcomes.
