I think it is a perfect hack for v the time being though. I share much of your thinking, but I also believe that people need to start realizing the optimum delegate team would have multiple people for this reason.
Ultimately every delegate should probably have a PR representative for this task. I'll dig more into why when I get to a computer.
Voting for teams to perform a range of services can never be as optimal as voting on who performs each service. The latter gives much more flexibility to manage the quality of any specific service provided. It would be like trying to do your grocery shopping if your choices were limited to hampers with a mix of products, and you tried to get the right mix of hampers to get close to your list.
I am not entirely certain I understand your point. I never said that we should have delegates that have multiple people performing a range of services. I mean that we ultimately should hope to have delegates that have a team of people working to provide services.
I actually do not disagree. Let me explain what I see as the most powerful aspect of what BitShares. But first lets look at why certain companies like, say, Walmart get subsidies to ensure they can grow bigger than the competition.
With BitShares, we can reach out to companies that are starting up in upcoming areas of technology and, if they choose to accept our BTS and bitAssets as payment, they can get a delegate voted in. As more businesses use this, volume (and thus liquidity) in our BTS and bitAssets increases, making the peg more stable and increasing the value of BitShares over time in terms of marketcap and liquidity. When a delegate is comprised of many people who are working for an organization/company, BitShares as a whole gains far more.
Why?
Because rather than simply hire a coder, we are helping subsidize the growth of a business that will have their own coders---in addition to a real understanding of what their business and other businesses in their particular sector will require. They will build what they need to incorporate to make BitShares work...instead of us having to hire a coder who may be very good at what they do, but have absolutely no clue what a specific industry needs. But if that coder works for a company who tells them specifically what
they need, this changes...
As marketcap rises, so too does the delegate pay...which equates to a higher degree of subsidization. As the delegate pay becomes more valuable, and the degree of subsidization increases, so too does the companies competitive edge...which means that being powered by BitShares gives businesses who adopt our bitAssets a significant edge that up until now was pretty much not possible without being in league with the old world power structures.
"ohhhh wait now...we are against subsidizing businesses! We want fair competition and subsidies don't get us there!" This is true when the government comes into play, using taxes to pick winners and losers. However, in the case of BTS, the investors hold the power and the profit motive means that if investors feel a Delegate does not provide value equal to their Delegate pay, they will be voted out. Plus, BitShares does not require elections to be held every 2-4 years to kick people out of their positions.
"but what if people do not realize that a business (Delegate) is providing no value?"We have already seen delegates get voted out because they failed to fulfill their promises (and we didn't have to wait for 1-2 years to do it). But I do understand as we grow things will become more complex. This is fine, though, because once competitors realize they, too, can earn the advantage of getting Delegate pay by offering more value, they will come to our community to try to win the hearts and minds of our investors. Because of this, competition will eventually become pretty fierce and competitors will have an incentive to help point out the failings of a competitor and the merits of what they offer.
Now with that said, lets dig into some common investor complaints with respect to BitShares:
1) "BitShares Team does not understand business!"
2) "BitShares needs better marketing!"
3) "BitShares needs to integrate this, this and this for mass adoption to occur!"
4) "BitShares needs to be more user-friendly!"
5) "Is this stuff legal?"
6) "BitShares needs better PR"
I am sure there are more, but these sufficeIf we hire delegates that represent a team of people working to provide a service, then they will:
1) necessarily understand the lay of the land in the sector they serve.
2) have their own marketing person to market their product and BitShares.
3) hire developers to specifically build
this, this and
this so people will be able to
4) easily pay for their offered services
5) have their own legal counsel
6) have their own PR people in place
Now don't get me wrong. I think there should be a person where questions, comments, complaints, suggestions...etc can be directed. But a team working for a single delegate's pay brings many benefits and flexibility that we otherwise would not have. If everyone has their own unique skills, it only makes sense to combine all those skills and pay them with a delegate as opposed to giving them all a separate delegate. Let's remember....a delegate team can always fire someone and hire a replacement if someone isn't pulling their weight.