Bitshares on the economist

[ElMato]

Again, lets use every possible opportunity to talk about BitShares whenever someone talks about TheDao or DAO (the concept).

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[mike623317]

@mike623317 strange I don't need a subscription

Schemes of this kind have not done well. The crowd may have wisdom, but not a lot of commitment. Similar but smaller vehicles operated by a firm called BitShares, for instance, are suffering from a lack of participation in votes, in large part because it takes time and energy to consider proposals. Investors in the DAO can also withdraw money not yet committed to a project at will. This means that the $150m in ether could quickly vanish into the, er, blue if investors got nervous.

Thank you for doing that. ;)

[Akado]

@mike623317 strange I don't need a subscription

Schemes of this kind have not done well. The crowd may have wisdom, but not a lot of commitment. Similar but smaller vehicles operated by a firm called BitShares, for instance, are suffering from a lack of participation in votes, in large part because it takes time and energy to consider proposals. Investors in the DAO can also withdraw money not yet committed to a project at will. This means that the $150m in ether could quickly vanish into the, er, blue if investors got nervous.

[mike623317]

you need a subscription. I dont suppose you copied it did you?

[Akado]

http://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao not by the best reasons but still surprised it got a mention