You say that he invented the 'DAC'. How about the 'DAO' (not 'theDAO')? Do you see any difference between a DAC and a DAO? I remember also Vitalik writing about the DAO quite early.
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It's pretty much just a name difference - Vitalik was very influenced by Dan Larimer's work on Bitshares, which was actually the inspiration for 'theDAO'. The actual concept was invented by Dan though.
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Yep. You can go back to our earliest hangouts and hear our community talk about DACs nonstop. The difference between DAC and DAO is mostly legal from what I understand
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Whenever someone says "the dao" to me I immediately think of the Dow Jones. So, to me, it still means the same thing whether I call it a dac, a dao or whatever. These are decentralized companies, without the company if you will. They are an organization of people contributing to it for the betterment of humanity. I think what is most important is the efficiency and decentralization that it brings.
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