sandiman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2016, 09:57:37 PM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. What about wisdom of the crowd?
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DecentralizeEconomics
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White Male Libertarian Bro
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May 14, 2016, 10:04:16 PM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. What about wisdom of the crowd? I think the biggest potential for it is in managing funds of online communities, but not corporations.
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"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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tokeweed
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Life, Love and Laughter...
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May 14, 2016, 10:34:59 PM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. Maybe, maybe not. We'll see.
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Minecache
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May 14, 2016, 10:39:44 PM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. Firstly the DAO is not bottom up. It's lead by all stakeholders who would like to see a return on their investment. Even if it was why with what you say about corporations run by morons roudvuu be happy with that status quo?
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pabpete (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2016, 02:18:24 AM |
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Going to number 1 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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DecentralizeEconomics
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Merit: 1042
White Male Libertarian Bro
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May 15, 2016, 04:35:58 AM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. Firstly the DAO is not bottom up. It's lead by all stakeholders who would like to see a return on their investment. Even if it was why with what you say about corporations run by morons roudvuu be happy with that status quo? Corporations that are run by greedy morons deserve to lose their customers and go bankrupt. Quite frankly, I'm sick of these corporations who are too cheap to produce a decent product and don't take pride in their work. It's to the point where it is basically robbery of the consumer. On that note, imo the only solution to poor corporate leadership is good corporate leadership. It might sound like a good idea to have shareholders vote on corporate decisions, but let's analyze it further. How finely-grained are the votes going to become? Are the shareholders going to vote on every single thing such as hiring and firing employees? What is the necessary quorum to these votes? Most small shareholders will simply not vote. Therefore quorum will have to be set at a low level to get any proposal the necessary votes. This in turn leads to a small minority of ownership deciding the fate of the company. Additionally, just because someone has stake in a corporation doesn't mean that they are management material.
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"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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revelacaogr
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2009 Alea iacta est
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May 16, 2016, 08:24:27 AM |
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CryptoCoinWareHouse
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May 16, 2016, 04:05:10 PM |
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Yeah, pretty good chance it will reach #2 I think... lots of people (like me) are still sitting on the sidelines waiting to make sure nothing catastrophic happens with the contract before buying any tokens.
Ya but I thought that if you own say 1000 tokens. In your account. I taught I read that they deduct 50% to give to the company who wants the funds , another words if the majority votes yes I thought you still have to give your tokens , no I'm not taking about getting out , I talking about just KEEPINg the tokens and building them up , So if you have them in a ETH wallet do they take the tokens OR if you keep them in bittrex account to they take the because your at the mercy of bittrex vote for you
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CryptoCoinWareHouse
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May 16, 2016, 04:09:37 PM |
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Thats great. I bet we will see more DAOSs 2016. DAO 2.0, DarkDAO and AnonDAO. I will buy them all with my IPO Token witch I bough with another IPO Token. I hope thats better than all these synthetic CDOs from Lehman Brothers and all these NXT assets. This time will be different. What a great time to be alive ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ETH and The DAO have to be the largest opportunity for us all since the Bitcoin pioneer days. Only $10 of ETH and you've got yourself 100DAO, as of 6th May 2016. Don't like The DAO and their actions then you are free to cash out back to ETH. Fantastic opportunity. Don't let it pass you by. This is what I'm taking about you say your free to cash out if you don't like there action , but what if I want to keep the DAO and not invest it just keep it to see if the price goes up . So your saying that I have to either invest or get out , can't I just keep the DAO
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revelacaogr
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May 16, 2016, 08:02:16 PM |
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Minecache
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Vave.com - Crypto Casino
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May 16, 2016, 09:10:33 PM |
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Thats great. I bet we will see more DAOSs 2016. DAO 2.0, DarkDAO and AnonDAO. I will buy them all with my IPO Token witch I bough with another IPO Token. I hope thats better than all these synthetic CDOs from Lehman Brothers and all these NXT assets. This time will be different. What a great time to be alive ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ETH and The DAO have to be the largest opportunity for us all since the Bitcoin pioneer days. Only $10 of ETH and you've got yourself 100DAO, as of 6th May 2016. Don't like The DAO and their actions then you are free to cash out back to ETH. Fantastic opportunity. Don't let it pass you by. This is what I'm taking about you say your free to cash out if you don't like there action , but what if I want to keep the DAO and not invest it just keep it to see if the price goes up . So your saying that I have to either invest or get out , can't I just keep the DAO You can keep the DAO. You are free to invest or not in whatever DAO projects you vote for.
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Spoetnik
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FUD Philanthropist™
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May 17, 2016, 03:43:50 AM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. What about wisdom of the crowd? Hilarious.. the crowd is the stupidest pieces of shit on earth. The crowd is responsible for screwing up Crypto bad ! Open your eyes and look around.. a crowd of greedy morons.
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FUD first & ask questions later™
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Spoetnik
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May 17, 2016, 03:44:50 AM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. Firstly the DAO is not bottom up. It's lead by all stakeholders who would like to see a return on their investment. Even if it was why with what you say about corporations run by morons roudvuu be happy with that status quo? In other words an illegal digital pyramid scheme. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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FUD first & ask questions later™
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Scott J
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May 17, 2016, 06:18:16 PM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. Firstly the DAO is not bottom up. It's lead by all stakeholders who would like to see a return on their investment. Even if it was why with what you say about corporations run by morons roudvuu be happy with that status quo? In other words an illegal digital pyramid scheme. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) What properties makes it a pyramid scheme (if we don't consider Ethereum and other cryptos to be one)?
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srknbyr
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May 17, 2016, 06:43:30 PM |
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Dao is getting media attention more and more.. It's a new era for a clean company that works with wisdom of the crowd.. And i think price per DAO will reach more than 5 dollars in few years because people will split and quit DAO when ethereums price gets higher! Then the DAO's whose without splitted will be more valuable.. In DAO we trust! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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stoat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2016, 06:52:12 PM |
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Basically the dao is people investing $130+ million on improving the ethereum blockchain.
Ethereum now has an investment fund bigger than the market caps of most other crypto currencies.
It is time to dump your shitcoins for ETH before you get left in the dust.
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speaktome
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2016, 07:16:31 PM |
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Smart contracts? Dapps? DAO? Daohub? since ETH appeared my dictionary looks outdated. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Sirius receive address:SQusssg3DRrKrEHW26c2skEDYCG7vrj11z
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Minecache
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May 17, 2016, 07:42:46 PM |
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Basically the dao is people investing $130+ million on improving the ethereum blockchain.
Ethereum now has an investment fund bigger than the market caps of most other crypto currencies.
It is time to dump your shitcoins for ETH before you get left in the dust.
Amen. Nothing more needs said.
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sinner
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May 17, 2016, 09:03:58 PM |
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Basically the dao is people investing $130+ million on improving the ethereum blockchain.
it has nothing to do with improving the ethereum blockchain. the purpose is to raise money for projects built on ethereum where the investors have less control over their money than a regular ico. Ethereum now has an investment fund bigger than the market caps of most other crypto currencies.
which you can withdraw from.. at least you've realized it's not a crowdfund. It is time to dump your shitcoins for ETH before you get left in the dust.
it's actually time to get your eth ready to dump lol. as soon as the crowdfund is over, while you might have a short media pump, the thing is gonna dump hard.
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LiskCryptoFan
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May 17, 2016, 09:19:05 PM |
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. What about wisdom of the crowd? Hilarious.. the crowd is the stupidest pieces of shit on earth. The crowd is responsible for screwing up Crypto bad ! Open your eyes and look around.. a crowd of greedy morons. You were the same guy that went off on Ethereum when it was under a dollar. If anything, it's the old timers here I'd choose to ignore. You seem really angry, life can't be that hard.
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