What we can learn from The DAO disaster?
In my opinion, with DAO and ethereum we can learn that only mass advertising is already able to encourage crowds without knowledge invest crazily. But I never liked ether, working with a coin with an endless inflation is a scheduled disaster, however I did not expect this surprise bomb called DAO.
However, there is already a better alternative out there, the cryptocurrency called DASH have inflation estimated 22 million coins maximum, with a 7% decrease in the number of coins generated per year. Yes, this is a real cryptocurrency, this is like the gold features. Or better, a real cryptocurrency better than gold.
to remember and never forget,
With all the talk about The DAO, people seem to have forgotten — or simply don’t know — The cryptocurrency called DASH has been providing DAO-like services for a couple of years. 2016/06/01: http://bitcoinist.net/dash-original-dao/
DASH, the first private digital currency, is also the first Decentralized Autonomous Organization.