Apologies in advance for the whining that takes place in this post, but just had to release some frustration.
What exactly did he do to get such a huge shit load of BTS as his personal property?
At our peak market cap that much BTS would make him a millionaire, at which point he has no further incentive to do anything for BTS, which might already be the case given how little he posts here.
He was given some portion of the vote dac (30%?) to develop follow my vote. Then in the merger this became 30M BTS. I dont believe than any of this BTS has been sold. (Last time I looked at balances, there is an account with 30M BTS that hasnt ever moved, pretty sure this is the follow my vote BTS. So at the very least he has not made any fiat $ out of it, as of right now.
As to what he's done. They made a presentation to lawmakers in california, and a presentation to the pirate party in...was it finland? They made a nice video of that presentation.
Aside from those things we havent seen anything.
Bytemaster has said follow my vote is 'critical'.
I have no idea what we will end up getting out of follow my vote, if anything. Maybe it will end up being awesome, maybe it will give no value, I have no idea. There is widespread anger against it due to the 30M bts. I look at this anger as mostly people looking for someone to blame when their investment went down.
I'm not angry about it, but I don't think it was a wise decision to put so much into FMV. BM's fear that vote would get so big it would take BitShares tech and create a bigger chain that steals the market & dev focus away from BitShares clearly was misplaced. It wasn't the right time for vote nor is vote "critical". I drank the koolaid of the merger but all it got me was a bad taste in my mouth, nothing materialized but the hype. Just how much dev time has been saved (from being split across multiple DACs) and redirected into improving the UX of the client anyway? The merger, FMV, BP "marketing" -- they're all just a series of bad decisions made by BM & team he can place on his startup learning curve and leave off his resume.
As much as I'm all in on the BitShares "Vision / Mission", and given the decisions I've witnessed over the last 8 months, honestly I'm not so sure I'd be willing to risk additional capital investment in this experiment. It's a bit of a moot point since I have no capital to invest. But I do have time, and I'm still willing to invest that, but with more emphasis on my personal ROI than before when I thought the koolaid tasted so good.
The new delegate scheme will eliminate any compensation for the technical skills required to run a delegate node. Apparently that is considered to be a volunteer role (expenses only) tho I'm not sure why. If it's important enough to require being elected into the position why is it not seen as important enough to be a paid position? It needn't be much, but offering nothing? That's just not reasonable. Sure, running a delegate node is far less difficult than software development, but IT skills and the technical knowledge required to do a good job of running a reliable delegate node are not so trivial anyone can do it, especially for current level of (im)maturity of the software and virtually non-existent documentation for it.
I was really hoping to provide some value to the ecosystem running a node for gentso, but It doesn't look like it is worthy of compensation, even a minimal amount, at least to BM & the dev team, based on his preliminary disclosure of the new delegate scheme, nor to the community since no cryptosmith sales have yet occurred to the best of my knowledge.
And now the market has tanked and nobody wants to buy cryptosmith products (nor cryptofresh
t-shirts or screensavers, tho they stay voted in and more essential skills like bts_tools and PM exit ramps can't get shareholder support).
I know, I know. Boo hoo. [ /whining ]