My Proposal:
1) Drop all other BitShares brands.... rename BitShares X to just BitShares
2) End PTS... BitShares will evolve to incorporate every possible feature that stakeholders vote on.
3) If there is a clone then it should start out with stakeholders it thinks are best... because BitShares holders are uniting.
4) Add stake holder approved dilution without limit to BitShares X.
5) Bring in all AGS holders and given them a stake in BitShares X that cannot be moved for 6 months... the ratio that this stake should be given should be equal to PTS market cap... so $5 million or 10% dilution of BTSX allocated to these individuals. This is effectively BTSX buying out our competition.
6) Bring in one last PTS snapshot also valued at $5 million for another 10% dilution of BTSX... 6 months until funds could be spent... buy out this competition and end PTS.
7) Our team will focus on no other DACs other than BitShares in general and work to make it the most robust and *FLEXIBLE* DAC out there.
I fully agree with with all the proposals above except there is a subtle but important issue with the bolded proposal 4):
The difference between a one-time buy-out of other DACs (which I do support) and switching from a deflationary hard-cap limited crypto equity and "stake holder approved dilution without limit" is a Very Big Deal.
The original (implied) promise was of an incorruptible Decentralized Autonomous Corporation with Bitcoin-like deflationary shares whose "bylaws" are defined in open source software. Such a DAC would not be subject to human whims and compromises and would do exactly what its software said it should do.
Here's the real question, once "stake holder approved dilution without limit" is encoded into software rules, do we have a DAC anymore or is this now a DAD (Decentralized Autonomous Democracy ?).
I'm posing this question here as a topic for a real debate ...
I don't claim to have a crystal ball or to know "the answer" if one is better than another, but it seems that going from a deflationary hard-bounded crypto equity to something resembling Apple stock (which can also be diluted without limit through a board vote, presumably on behalf of the best interest of all shareholders) should be debated on its own without other issues being commingled into the debate.