Decentralized Autonomous Organizations
I want to invest my crypto like how I invest USD in stocks.
I own stocks because long term investments in companies nets a good return over a long period of time. It benefits the companies whose stock I own because they get operating money to conduct business that hopefully contributes in some way to the betterment of the world. Unfortunately the stocks I own are very much tied to my identity and are known by the government, my brokerage, the company I invest in, and possibly an untold number of other middlemen.
Getting my money out can also be a hassle.
What if it didn’t have to be like this? What if I could invest Monero in a company?
I think it would be cool to invest my cryptocurrency in a DAO anonymously so that I can earn money on my investment in a way that adds value to the world and isn’t just speculative money market investing.
Unfortunately DAOs seem to be mostly silly at this time. But imagine a fortune 500 company owned by an unknown number of anonymous people.
It’s cool to think about.