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« on: January 11, 2014, 06:26:54 am »
wow much comment!!! very word!! lol
It's great to see that people are showing more interest in this document. I'd like to start by asking, do you understand what AGS is, not only the name but what it represents? A lot of people have made some donations and taken some risks to form a collective that shall be the Genesis of Decentralized Autonomous Companies. Just like Bitcoin changed how people think of money in a way, DACs are a revolutionary idea for how to conduct eCommerce.
I hope you are not offended but your speech has deep roots in anarchism, which frankly does not work for any business model. Note, i say BUSINESS. This community is not actively seeking to circumvent traditional systems, we have a vision, that of decentralized enterprises that function completely virtually and benefit us. We intend to at some point interact with businesses that operate in the physical world and as a result wee must take that into account. The idea of decentralization and anonymity may have relevance to anarchism, but that is another conversation.
Digital currency is not illegal, it is just unregulated tender. In the event that it's acceptance becomes wider, as you say the Big Boys will want in. We are not blocking them, we are saying, let them bring their ideas, money and join the collective so that we all benefit. Should such an entity exist and wish to use our ideas and software, which as you said come from nothing, they should not have a problem giving us 10% of nothing.
DACs are not a snub at other organizations, They are business and as such the property should be treated thus. I have invested a certain amount and so have many others, and we would like to protect our investment, not by completely making our product inaccessible, but by making it accessible to those who wish to create value with us. That is what copyfarleft is about. It benefits the community, and not on an obscene scale.
Another things is, should one of the "Big boys" want in, they can easily go make their own, even as far as making it from scratch, they benefit nothing except possible litigation by coming here. You seem very interested in the workings of large companies, i work for one, and i can tell you that if they become interested in PTS 50 million is an amount they would easily shell out to buy all the shares out there. Hell, they would just post a standing offer that would entice all holders to sell without a noticeable dent in their account.
My point is, we want to protect the investments of time money and labour, an just as it states in the license, if you wanna use the software 10% is a pittance if your business model is good. And along with that 10% comes a large amount of free marketing, experienced programmers to consult, infrastructure and the added caveat that the PTS you hold will entitle you to a % of other DACs.
The only person loosing out here is copy-paste profiteers and those who would take the ideas out of the community without paying royalties. So no, i do not believe your idea is applicable on investors funds and ideas.