Reply to ’s post “Is The DAO going to be DOA?”
And
to 's post “The DAO will not be DOA, but that doesn’t make it a good investment”
dan's post
nattaggart's post
THEDAO's primary use will be as arbitrage between BTC, ETH, Fiat, etc.
I won't go into details but anyone with rudimentary knowledge of cryptocurrencies can make sense of why the 2 facts shown below will make THEDAO a good arbitrage between BTC, ETH, Fiat, etc.
So what happens next? Everyone seeking a zero risk return will abstain from voting. If greater than 80% fall in this category, then nothing will pass.
Will there be any proposals in the first place? To prevent proposal spam all new proposals must make a deposit that gets forfeited if a quorum (20%) is not reached.
As it stands, the top 10 stake-holders own around 20% of The DAO Tokens. Assuming these members are actually interested in voting, quorum will be possible.
Also BTC, ETH have the 2 biggest marketcap and THEDAO might very end up being 3rd very soon.