Satoshi Nakamoto created Bitcoin with the intention of it being decentralized digital gold. Gold 2.0.b)
Daniel Larimer created Bitshares with the intention of it being a decentralized autonomous company. Shares 2.0.
Deflation (or controlled inflation) makes sense if you're trying to be a decentralized global currency like Bitcoin. But what if you're trying to reimagine what a company
FACT: "Regular" centralized companies issue new shares to facilitate growth all the time. For a Decentralized Autonomous Company to compete with a centralized corporation, it MUST have the ability to issue new shares or it can never hope to compete. If it comes down to a centralized corporation vs. a DAC, the centralized corp will always win because it has the ability to fund its own growth.
In Dans latest proposal, shareholders must reach a majority consensus through voting before new shares can be issued. This makes complete sense if we want DACs to be self funding and competitive with real world corporations. If we as a community don't get behind the idea of delegated share issuance, the whole concept of a DAC is dead on arrival.
Let's completely embrace the share 2.0
metaphor and get on with changing the world.