Re:Call for a Temporary Moratorium on “The DAO”
by FatAmerican on Saturday May 28, 2016 @07:13AM
(#11791257)
This can all happen with traditional corporations. Schizo much?
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Re:Call for a Temporary Moratorium on “The DAO”
by drivingmenuts on Saturday May 28, 2016 @10:25AM
(#11791757)
I rarely schizo (at least that's what the voices tell me).
The problem is one of anonymity and tracing ownership. There's not much anonymity in a traditional corporation. Every officer is on file somewhere and every transaction can eventually be traced back to it's originator.
Bringing bitcoin into the equation is definitely a problem for parts of that, as it can be purchased with cash, and then used to purchase Ethereum.
How much traceability have we lost at this point?