[2016-05-18] What’s the deal with DAOs?

[LiteCoinGuy]

What’s the deal with DAOs?

That is to say, just as I have argued before that permissioned-on-permissionless is a shortsighted idea, The DAO as it is currently set up, is probably a solution to a problem that no one really has.3

Or in short, if you “invested” in The DAO crowdsale thinking you’re going to make money back from the projects via dividends, you might be better off investing in Disney dollars.

http://www.ofnumbers.com/2016/05/15/whats-the-deal-with-daos/