So should exchanges start voting as well?
I have already tried reaching them.
For exchanges, I would actually recommend they delegate their voting power to a proxy that is maintained by a group of trusted individuals and owned by the committee.
That way, the exchanges do need to do politices, the stake could still vote and the shareholders have ultimate control over the voting power
How are you suggesting the committee will be able to accurately reflect the will of the shareholders?
A proportional vote across all current witnesses that are up-for-election could ensure that voting stake is used, but the overall effect of the vote would be exactly neutral to the shareholder vote.
(I'm a bit rusty on the mechanics of voting so this might be based on faulty understanding)
Not all shareholders want to vote for the same things.
How can you use the stake to vote for what the shareholders want?
Vote for what 51% of shareholders want?
Could you also explain why non-voting stake is "bad stake"? I am willing to accept that it is, but I don't understand why currently.
I'm sure other shareholders don't either.
p.s Can anyone tell how many lurkers there are that read these forums as their due diligence before investing in BitShares? My point is that many people may be wanting to find information, but do not want to make an account. So I think it is a good idea to have quick explanations of what we are discussing and why and so forth. Lots/most of this information is available in the BitShares documentation, but having information feeds from all angles certainly doesn't hurt.
I would also suppose that doing a duckduckgo.com search for a specific question about BitShares would more likely lead to a post on this forum, rather than a page in the online official documentation.
I may be wrong.
e.g My post 2 years ago about paper wallet setup for BTS 1.0 is still the top hit for "paper wallet BitShares 2.0"
(Sorry fav if this if your journal is the wrong place for this)