BM,I warn you that your feckless decisions have already impaired a lot of stakeholders greatly and the market vigorously gives the result! Why does people love BTC? Radically because the amount can not be manipulated by such financial organizations as U.S. Federal Reserve and our fortune cannot be diluted. So in my view, any idea like hard fork or dilution is extremely stupid!
BTS has less dilution than Bitcoin.
BTS has less dilution than Bitcoin.
BTS has less dilution than Bitcoin.
BTS has less dilution than Bitcoin.
BTS has less dilution than Bitcoin.
How many times does it have to be written before people will understand?
BTS
currently has less dilution than Bitcoin. Bitcoin's is fixed ours can be changed.
I think the competition between DAC (BTS) and DAC+Crypto-currency (BTSX) is tougher than people think. With enough shares set aside BTSX could fund a lot of development as a hard cap. So while a pure DAC can perhaps engage in more innovation, development & marketing...
1. Unlike a real company, everything a pure DAC spends a fortune developing is open source, no intellectual property, so a crypto-currency+DAC can cheaply copy it.
2. The crypto market, the libertarian market and the world may gravitate to & trust a DAC+crypto-currency with fixed initial rules like 'gold' more than a pure DAC more like 'Goldman Sachs' (That will be the detractor/competitors marketing angle.)
Some feel mainstream won't care about BitShares much on the back-end. I'm not so sure. Interesting times.