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General Discussion / Re: [Referral Program] Lower Socialist Taxes. Increase Capitalist Opportunities
« on: February 04, 2016, 07:41:46 pm »
If you charge no fee's who is going to produce blocks? people are not going to do it for free.
Your description is actually making bitshares much more socialist. The blockchain should be compensated for doing the work of producing blocks. Your proposal expects the blockchain to do this for free. Free doesn't work and bts will fail if this plan is implemented.
I have had objections to how reserve funds have been controlled and spent, but the ability for a blockchain to fund itself is uniqe and valuable. Neutering Bitshare's ability to fund itself takes away a major invest-able advantage.
Your description is actually making bitshares much more socialist. The blockchain should be compensated for doing the work of producing blocks. Your proposal expects the blockchain to do this for free. Free doesn't work and bts will fail if this plan is implemented.
I have had objections to how reserve funds have been controlled and spent, but the ability for a blockchain to fund itself is uniqe and valuable. Neutering Bitshare's ability to fund itself takes away a major invest-able advantage.