Monday, August 22, 2016

Eris Industries COO: “The DAO Is a Cargo Cult”

Bitcoin – Web Wednesday V83 – 122
bitcoin
Image by YB Hong Kong

Bitcoin at Web Wednesday HK – 19th March 2014


83rd social mixer event – networking for the Hong Kong’s internet entrepreneurs and digital media executives.


An interview with two crypto-currency entrepreneurs:


Dave Shin, Founder of Cryptomex, an ambitious alternative for raising company funds via IPOs (initial public offerings) traded in Bitcoins.


Ken Lo, CEO of Anxbtc Bitcoin Exchange, a new marketplace for trading Bitcoins, recently launched in Hong Kong.


More on our blog: bit.ly/wwbv83blog


Photos by bronney.com/


“[Projects like the DAO] are an inelegant and wholly unconvincing way to commit securities fraud, speaking kindly,” Preston Byrnes said at the Blockchain Conference in New York. He compared the DAO and other blockchain crowdsales to “cargo cults.” Such cults revolve around the belief that ritualistic acts like building an airplane runway will bring desirable […]


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Eris Industries COO: “The DAO Is a Cargo Cult”

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