The problem of the fund in the committee account!!!

Started by binggo, May 26, 2020, 11:17:59 PM

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binggo

Quote from: chigbolu on May 28, 2020, 04:58:16 PM
Quote from: binggo on May 27, 2020, 10:35:14 PM
Quote from: chigbolu on May 27, 2020, 09:03:30 PM
If the Chinese community already owns majority of the committee then nothing can be done cause it means they will make all the decisions... No amount of shouting can change their minds...

OK, i get your means, we should shut up.
No we will keep talking till they see reasons

Talking with a group of wolves how to eat you?

与虎谋皮,同羊谋肉

chigbolu

Quote from: binggo on May 27, 2020, 10:35:14 PM
Quote from: chigbolu on May 27, 2020, 09:03:30 PM
If the Chinese community already owns majority of the committee then nothing can be done cause it means they will make all the decisions... No amount of shouting can change their minds...

OK, i get your means, we should shut up.
No we will keep talking till they see reasons

binggo

Quote from: chigbolu on May 27, 2020, 09:03:30 PM
If the Chinese community already owns majority of the committee then nothing can be done cause it means they will make all the decisions... No amount of shouting can change their minds...

OK, i get your means, we should shut up.

chigbolu

If the Chinese community already owns majority of the committee then nothing can be done cause it means they will make all the decisions... No amount of shouting can change their minds...

binggo

Quote from: chigbolu on May 27, 2020, 06:25:23 AM
Destruction proposal is still in poll, it has not begun yet, meanwhile Committee account is owned by Committee of 11 members who represent the community, I think we should have even more money in that account

I think you should check it.

2   1.14.200   [poll] BTS repurchase destruction proposal   yzn0713   588,111,727   22 Jun '19 - 1 Mar '30   100.00%   30,891.57   0.22   


QuoteCommittee account is owned by Committee of 11 members

No, it was controlled by CN community, four committee can use it easily!

and why did you think  these committees represent the community?!

chigbolu

Destruction proposal is still in poll, it has not begun yet, meanwhile Committee account is owned by Committee of 11 members who represent the community, I think we should have even more money in that account

binggo

#1
This is very dangerous for the fund in the committee account, these fund didn't belong to the committee, they belong to the community,  but these fund can be easily used by several committee members, we should get the lessons from the OMO and MM, they didn't follow the proposal and principle of the community, and no one came out to take the responsibility and loss.

For the sake of assurance, the fund in the committee account shouldn't be more than 10,000.0 bts, the extra fund should burn to the reserves pool.

Issue: how to deal with the bitasset in the committee account? there have a destruction proposal, but the committee didn't follow it.

What do you think? community members of BTS!