Double Down: DAO-saster in the cryptocurrency space!

“If you try to change it, you will ruin it. Try to hold it, and you will lose it.” — So was written in the Tao Te Ching thousands of years ago in China and so some say online today of The Dao — the first Decentralized Autonomous Organization on the Ethereum blockchain. Is the smart contract code so irrefutable that to change it is to ruin it? And is trying to hold onto siphoned ether to lose ethereum itself? We’re about to find out as $53 million worth of cryptocurrrency was recently hacked, drained, siphoned, gained — however you wish to interpret the so-called smart contract code — the DAO. Double Down talks to cryptocurrency investor, Karl Gray about this DAO-saster.

CLICK ON IMAGE BELOW TO LISTEN TO SHOW

Click this image to listen!

CLICK ON IMAGE ABOVE TO LISTEN TO SHOW