> ...bribing executives and misleading shareholders
You raise an interesting point - in a Colony there is presumably no concept of enforceable fiduciary duty to shareholders (because there are none - we're not trading securities, we're trading plastic house chips on a blockchain). There are no legislated considerations for other members/colonists/dappsters/etc. I can vote/act with impunity, regardless of value creation/destruction potential. Welcome to the legal grey zone.
> I take Colony as an experiment.
As do I, and one I hope succeeds. But I'm not sure THEY do, which means early adopters are riding a bet that Colony gets it right the first time.
Once large amounts of real money are be involved there would be an amazing clash of conventional corruption attacking the heads, a computer security battle attacking the basic building blocks of the influence mechanisms, the demagogic tactics known from online discussion boards trying to sway opinions of the masses of low influence individuals, the gray "pay for likes" business that exists in the shadow of big social media sites, and all the gaming-the-system tricks with multi-accounts and the like that are rampant in open, long-running multiplayer games.
Oh, the drama! It might be compelling to join as a perfect substitute for an HBO subscription, who needs game of thrones. You might see a group forged in a decade of Eve online alliance warfare fighting mob hackers fighting two competing factions of hedge fund managers fighting a 4chan prank.
On the other hand, sufficiently boring organizations (e.g. stewardship of some greying enterprise software open source) with peeexisting informal trust networks should be perfectly safe. But would they need "colony"?
> ...bribing executives and misleading shareholders
You raise an interesting point - in a Colony there is presumably no concept of enforceable fiduciary duty to shareholders (because there are none - we're not trading securities, we're trading plastic house chips on a blockchain). There are no legislated considerations for other members/colonists/dappsters/etc. I can vote/act with impunity, regardless of value creation/destruction potential. Welcome to the legal grey zone.
> I take Colony as an experiment.
As do I, and one I hope succeeds. But I'm not sure THEY do, which means early adopters are riding a bet that Colony gets it right the first time.