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This is an interesting experiment that I'm excited about. The fact that a financial flash mob is possible is incredible. Anybody from anywhere can participate a
by miguelmota 5y ago
This is an interesting experiment that I'm excited about. The fact that a financial flash mob is possible is incredible. Anybody from anywhere can participate and have voting power by joining the DAO. Regardless of the outcome, it's good to see the convergence of DAOs into meatspace.
- keymone 5y agoexcept of course there is literally zero voting power from participating in this project because the "power" bit is always assigned by a source of authority and nothing about this project tells you how can this power be realized or enforced.
- jimkleiber 5y agoWell, I think they've been saying that the tokens guarantee voting power to advise the LLC which actually owns the physical document, not to actually own the document, because, as someone else mentioned, that may run afoul of US securities laws. I say all this being excited about iterating on the future of governance, I also worry that such quick financial flash mobs could really screw people really fast.