RE: Splinterlands | Why Bitcoin Rewards Is A Terrible Idea...
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100% bad idea,.you are right. The DAO if its smart should have it as a treasury asset, not sure if they do though. Did they sell their ETH? If not, now may be a good time LOL
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The problem there is that if you let the crowd make treasury investment calls, it's a sure recipe for disaster. However, the Dao acting as a treasury with some real investments that back up the asset values would be nice instead of it just being the cash cow for the team.
The more I think of it, the less real solutions I see.