I'll take the opportunity of teenagecheese's post Overall Plan and Schedule
to broaden and deepen the topic one notch further: BitShares has the ambition of providing a turn-key solution to build fully functioning decentralized autonomous corporations
, but the BitShares DAC itself is pretty far from the level of quality and structure an actual corporation should have. Every corporation has got some elementary tools to manage calandar, progress, objectives, organizational tree, meetings and storage of key information such as meeting minutes etc.
Given it's ambitions, shouldn't BitShares start building such intra-net like features in the client? There was once a project named Keyhotee that could have been the right place to start that intra-net like management layer. What happened to that project? Someone suggested using RetroShare as a base to revive this project
. Where are the excited conversations about that?
Are you, BitShares shareholders, happy to know that people are getting actively paid by share dilution, but there is currently no structure in place to provide transparency and accountability?
I fully concur to teenagecheese's feeling in the other thread. A few weeks ago I decided to disvest some of my investments and take a stake in BitShares. After following the DAC closely for a few weeks, my overal feeling is that although the technology has a huge potential, there is no mechanism in place
to ensure that things are being managed properly. It really feels like I invested in a startup run by some bunch of bright young grads with a great idea but no management skills and no experience of how to manage a corporation. I'll give it some time, but if I still feel in a few quarters that I have no idea what my money is being used for and there is no visible resources put in improving transarency an management, I will probably just move my money somewhere else and wait for BitShares to put their act together and live up to its ambition of being an actual corporation.