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RE: Which should I choose for post promotion -- Null beneficiary or SBD transfer?
Yep, exactly @remlaps-lite. Well said.
Here's what I would like to see...
I'd like to see the DAO shuttered completely and the inflation allocated to it returned to the authors/curators from which it came, and I'd like the funds currently sitting in the DAO used over time to buy/burn steem. Thus putting a bid under STEEM and also pushing SBDs back towards the one dollar peg...
To me this sounds like the best use of resources given the current environment.
My big question is, who would we trust with that amount of control while the funds are being burned? I guess it wouldn't be easy to automate a program like that.
I remember reading something about multi sig operations? We'd presumably have to get multiple clearances on each transaction along the way from multiple parties not related to one another?
Ah, yeah, that's a possibility that I hadn't considered. I'm not sure how well Steem's multisig capability has been tested, though. I'd like to see it proven for a while with smaller amounts before we trust it with that much value. Could be rock solid, but it's beyond my expertise to know.
Remember POW mining and @supercomputing?