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Re:The DAO Was Not Hacked by api on Monday June 20, 2016 @09:07PM (#11942829)
I believe your speculation is correct.

The DAO was a great idea but it should have been done at a significantly smaller scale. Raise say $1M worth of tokens and invest in three things and then sunset the project and evaluate the result. Call it an experiment. This was like going from bottle rocket to Saturn V in one step.

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