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comment by insomniasexx
insomniasexx  ·  2896 days ago  ·  link  ·    ·  parent  ·  post: The Rise of the DAO

I think it's a very interesting experiment. I have much more invested in The DAO than Digix, and I have a lot of faith and trust in the Slock.it team, again much more than Digix. Not saying that Digix isn't the following, but I have seen nothing but smart, quick-moving, ambitious, a bit dreamy, from Slock.it. This is their baby, and they love it and want nothing for the best to it. They want to change the world, and they are smart enough that they may be able to make a dent in it.

I do think that at this point there is a bit more $$ than I would liked in The DAO. I think for an interesting experiment, $200M is probably a bit much. But, I have no doubt that the key players (Slock.it, other proposers, key community members who have stepped up, etc) are going to do everything in their power to try to make it better and the code better and address issues.

I think the real value of The DAO is one more step towards a more decentralized world, one more thing that gets referenced when people are trying big things, one more thing that either proves or disproves the impossible debate regarding wisdom of the crowd.