I have contrasting views that suggest a properly planned hybrid is possible. A DAC that operates within the framework of a digital gold because what it loses in adaptability it gains in the confidence & certainty it provides to investors, supporters and customers in the crypto-currency space.
You don't have to worry about the framework changing at the whim of majority shareholders.
Humans on average as individuals and almost always when acting as a group make inferior decisions which maximise their perceived short term gain in exchange for excessive long term pain, minimising the advantage flexible companies, currencies and countries have over less flexible competitors. (Which is why the average Western human is overweight, in debt and their currencies, companies and countries are on the edge of darkness.)
However in the context of BitShares I fully support the latest proposal for dilution and a single BitShares