BitShares Forum

Main => General Discussion => Topic started by: Akado on May 20, 2016, 12:33:42 am

Title: Bitshares on the economist
Post by: Akado on May 20, 2016, 12:33:42 am
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
Title: Re: Bitshares on the economist
Post by: mike623317 on May 20, 2016, 03:46:37 am

you need a subscription. I dont suppose you copied it did you?
Title: Re: Bitshares on the economist
Post by: Akado on May 21, 2016, 12:06:56 pm
@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.
Title: Re: Bitshares on the economist
Post by: mike623317 on May 21, 2016, 05:50:55 pm
@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. ;)
Title: Re: Bitshares on the economist
Post by: ElMato on May 23, 2016, 06:56:58 am
Again, lets use every possible opportunity to talk about BitShares whenever someone talks about TheDao or DAO (the concept).

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