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Excellent summary! Here's my rally call.
48 hours is way too fast. At the very least we need to go for the november target that bytemaster first proposed for closing PTS (the 1 year anniversary of PTS).
The metamorphosis of PTS:
Stan: The rules are that snapshots give two week's notice. So if someone decides to do this, you've got several whole days left to make the announcement if you want to hit the Nov 5th anniversary date.
We market it as a 1-year anniversary celebration/evolution/metamorphosis/death.
We will convert the remaining value of PST+AGS to BTSX through dilution.
We announce the death of PTS/AGS and introduce BitSharesNoX.
Perfect grassroots campaign. I can smell the upvotes.
It will be fair but not 100% fair. Who cares. PTS is Chucky Cheese currency.
I'll gladly redeem it for any BTSX, and rid my hands of it once and for all.
And 3i has more skin in the game than any of us.
We have just over 24 hours to take this opportunity. Been looking for a way to get involved?
Let's start moving BTS over to the launch site.
The damage re: inflation has already been done. There is no turning back, we simply have to implement inflation because that is the only way to have the bitshares superDAC be competitive in the long run. Remember that shares will only ever be issued to fund endevours that are long term profitable and result in a net gain for the shareholders. This will only be positive unless you dont trust the developers and delegates. The only negative coming from implementing is the selloff we are seeing right now, that is the damage has already been done.
I am trying to consolidate down to one plate from many. Clean up the entire ecosystem... give people one option to get involved.. Buy BitShares. No more explaining allocations, no more snapshots, etc... just keep it simple.
God have mercy on us.
Our goal will be to scale BitShares to handle the transaction volume and users... to solve the scaling problem while still remaining decentralized and allowing 0 barriers to entry for competition except our network effect.
I suggest that all future proposals change the subject to "Viability Discussion:xxxxxx" instead of "Proposal".
Above all, they promise to do everything possible to remain competitive.
The idea that the unspecified default behavior of a company is to promise a fixed set of shares for all time is a vestigial holdover from early currency metaphor thinking. This is the red herring that needs to be faced squarely.
