Toast, Nathan, Valentine, Vikram, Stan, and James Caffe, Dan N. (all of whom have 100% pay delegates) have received 3M BTS severance / bonus from Invictus
I'm confused by the reaction. OP asked a legit question in a very professional manner.
I'm confused by the reaction. OP asked a legit question in a very professional manner.
"It has been brought to attention in numerous other threads"
by whom? List them and their contributions to this project.
"He was even listed in the same group, as if he was in fact a dev"
Devs are very skilled and highly valuable persons. So is a leader (CEO). Did you get my reference to Steve Jobs? Do you think he did much coding?
I'm confused by the reaction. OP asked a legit question in a very professional manner.
"It has been brought to attention in numerous other threads"
by whom? List them and their contributions to this project.
"He was even listed in the same group, as if he was in fact a dev"
Devs are very skilled and highly valuable persons. So is a leader (CEO). Did you get my reference to Steve Jobs? Do you think he did much coding?
I think you are somehow confusing my statement with the OP. I'm not interesting in playing fallacy bingo. Given the post about the 3M bts bonus, I was simply stating the OP question is legit. You have a shareholder asking about the duties of the project lead, in what alternate universe is that not acceptable?
Look through the threads, countless snide comments about what Stan accomplishes. I'm thankful that the OP asked and Stan can give a solid answer we can all reference in the future. I don't care about philosophical debates about Steve Jobs contribution, I just want to hear the answer to a question that's referenced time and time again. Nothing more, I'm not nearly as emotionally invested as others.
What contributions has Stan made so far that qualify him to be worth as much as a full-time dev?
It has been brought to attention in numerous other threads that it seems that Stan is being overcompensated for his contributions. I am starting this thread so that Stan, the devs, and shareholders can share their opinions, and their interpretation of the facts.
Now let me be clear, I love Stan. What mainly concerns me is that Stan is getting paid as much as a full-time dev. He was even listed in the same group, as if he was in fact a dev:
(Thread titled 'Year End Developer Bonuses')Toast, Nathan, Valentine, Vikram, Stan, and James Caffe, Dan N. (all of whom have 100% pay delegates) have received 3M BTS severance / bonus from Invictus
This is not meant to be an attack, but rather an opportunity for shareholders and employees to discuss fair compensation.
Questions:
What contributions has Stan made so far that qualify him to be worth as much as a full-time dev?
What is Stan currently doing that qualifies him to be paid $300 a day?
Is it worth 3 million BTS to incentivize Stan to keep doing whatever it is that he is doing?
What incentives do shareholders have to vote for Stan? (What would we lose if Stan stopped whatever it is that he is doing?)
Shareholders, please ask your questions civilly.
Stan, please provide us with your reasonable answers.
Everyone, let us come to our own informed conclusions and vote accordingly.
What hurdles has Stan guided Bitshares through??
His contributions have been critical. He's as important to Bitshares as Dan Larimer. How could anyone question that?
If not for Stan most people wouldn't have understood what Bitshares was in the very beginning.
I think a lot of people questioning Stan's contributions were not involved with the community in 2013 when things first started. Stan brought the community together with his communications.
His contributions have been critical. He's as important to Bitshares as Dan Larimer. How could anyone question that?
If not for Stan most people wouldn't have understood what Bitshares was in the very beginning.
I think a lot of people questioning Stan's contributions were not involved with the community in 2013 when things first started. Stan brought the community together with his communications.
The issue is not what he has done, but what he is doing right now. Recently he is coming across as quite tetchy and condescending, not to mention retaining a suspiciously strong interest in PTS.
I think its a reasonable request, all he has to say what he is doing and it will be fine. Even if we are told that he is there only to carry Dan's bags or feed him on time, I will happily accept it as Dan's time is of biggest importance, and I feel if he (Dan) had managed some time put in marketing we would've been much better off (I was initially sold on this vision by Dan's simple videos, considerably better than the long, boring ones being made now).
.... and I have been here for 14 months.
Remember the epic assault?hahahahahahahahaha.80% impossible.BitShares Reloaded
Now that the enabling technology behind BitShares is proven and we have settled in to a comfortable pre-launch point at Number 4 on the charts, it is time to Reimagine Everything as we approach next month’s epic assault on Number 2. Everything about BitShares has been
83.7% of all people believe in the correctness of numbers if they are made up quickly enough!
Welp, next month is already almost over with, and we're quite a ways from epically assaulting number 2 (grin). When does the epic assault commence? Can we hit a $330 million market cap in the next 4 days? lol that would be awesome...
Stan is a founder of this project that has been critical to its inception and survival.+5%
+5%Stan is a founder of this project that has been critical to its inception and survival.+5%
Remember the epic assault?hahahahahahahahaha.
bullshit artist——Stan.
Thanks for all your kind words. :)
My role on BitShares over the past 18 months has actually been quite modest.
I work mostly behind the scenes. My job involves dealing with business operations and other gatekeeper duties typically associated with a chief of staff role. I pay most of the crypto bills. I handle financial, legal and accounting interfaces, written communication functions, partnership negotiations and support, and helping people see the bright side whenever I can.Generally I try to take everything I can off Bytemaster’s hands
so he can focus on things that only he can do.
Someday Bytemaster will find someone else he trusts to do those duties and I will be able to retire. But it is hard to find someone you can trust to have your back in all situations, especially on the financial and legal fronts. Until then, if I don’t do these functions he will have to find time to do them himself.If I’m the only one he trusts to walk his dog,
then by walking his dog I generate more Bytemaster time for the ecosystem.
Thus, the value of my contribution is pretty much just the value of Bytemaster’s time saved for things that only he can do.
**Full disclosure, BM does not own a dog. I'm using another metaphor. :D
Stan is a founder of this project that has been critical to its inception and survival.
One question I've not seen answered is whether we are expecting to stick to 'only' 101 delegates. Surely that limited number is a liability for any attack.. and inversely might not be enough to include everyone that might be due support. For example, if BitShares goes large, are you really limited to only a handful of people in every quarter of the globe, or to those hiring others directly? With more delegates, 100% would be a smaller fraction too. Given that running a delegate is trivial, perhaps it's worth considering delegates and payments separately.
That makes sense :) Much love :)Thanks for all your kind words. :)
My role on BitShares over the past 18 months has actually been quite modest.
I work mostly behind the scenes. My job involves dealing with business operations and other gatekeeper duties typically associated with a chief of staff role. I pay most of the crypto bills. I handle financial, legal and accounting interfaces, written communication functions, partnership negotiations and support, and helping people see the bright side whenever I can.Generally I try to take everything I can off Bytemaster’s hands
so he can focus on things that only he can do.
Someday Bytemaster will find someone else he trusts to do those duties and I will be able to retire. But it is hard to find someone you can trust to have your back in all situations, especially on the financial and legal fronts. Until then, if I don’t do these functions he will have to find time to do them himself.If I’m the only one he trusts to walk his dog,
then by walking his dog I generate more Bytemaster time for the ecosystem.
Thus, the value of my contribution is pretty much just the value of Bytemaster’s time saved for things that only he can do.
**Full disclosure, BM does not own a dog. I'm using another metaphor. :D
Stan (and my mother, Pam) have been so critical for my own sanity that BitShares wouldn't be where it is today without them. Most of their effort is behind the scenes, but if I had to sum it up in a single sentence:
Their job is to keep me out of jail.
How do they do this? Careful accounting and hours and hours with lawyers and tax advisors.
There is NO ONE ELSE at greater legal risk than Stan and Pam because they handle all of our books and Stan is actually an ACTIVE board member / officer of I3. All of the developers are mere employees or contractors and are shielded from the huge legal risks associated with this industry. Someone has to bear the risk and right now it falls on Stan & I.
Stan & Pam have been essential in providing necessary liquidity when there were delays converting BTC to USD or unexpected USD bills. They lent I3 money on several occasions to get through small cash flow issues.
Stan has done more to free up my time than any other developer.
Stan has also been paid the LEAST salary of every developer.
Stan has also accepted BTS as payment without intent to sell.
Stan has also purchased a large stakes in BTS on top of it all.
In short money cannot buy what Stan & Pam have provided to me and thus BitShares. At the end of the day Stan was the LEAST compensated of everyone.
The bonus paid to Stan was really a combined bonus for Pam & Stan.
That makes sense :) Much love :)Thanks for all your kind words. :)
My role on BitShares over the past 18 months has actually been quite modest.
I work mostly behind the scenes. My job involves dealing with business operations and other gatekeeper duties typically associated with a chief of staff role. I pay most of the crypto bills. I handle financial, legal and accounting interfaces, written communication functions, partnership negotiations and support, and helping people see the bright side whenever I can.Generally I try to take everything I can off Bytemaster’s hands
so he can focus on things that only he can do.
Someday Bytemaster will find someone else he trusts to do those duties and I will be able to retire. But it is hard to find someone you can trust to have your back in all situations, especially on the financial and legal fronts. Until then, if I don’t do these functions he will have to find time to do them himself.If I’m the only one he trusts to walk his dog,
then by walking his dog I generate more Bytemaster time for the ecosystem.
Thus, the value of my contribution is pretty much just the value of Bytemaster’s time saved for things that only he can do.
**Full disclosure, BM does not own a dog. I'm using another metaphor. :D
Stan (and my mother, Pam) have been so critical for my own sanity that BitShares wouldn't be where it is today without them. Most of their effort is behind the scenes, but if I had to sum it up in a single sentence:
Their job is to keep me out of jail.
How do they do this? Careful accounting and hours and hours with lawyers and tax advisors.
There is NO ONE ELSE at greater legal risk than Stan and Pam because they handle all of our books and Stan is actually an ACTIVE board member / officer of I3. All of the developers are mere employees or contractors and are shielded from the huge legal risks associated with this industry. Someone has to bear the risk and right now it falls on Stan & I.
Stan & Pam have been essential in providing necessary liquidity when there were delays converting BTC to USD or unexpected USD bills. They lent I3 money on several occasions to get through small cash flow issues.
Stan has done more to free up my time than any other developer.
Stan has also been paid the LEAST salary of every developer.
Stan has also accepted BTS as payment without intent to sell.
Stan has also purchased a large stakes in BTS on top of it all.
In short money cannot buy what Stan & Pam have provided to me and thus BitShares. At the end of the day Stan was the LEAST compensated of everyone.
The bonus paid to Stan was really a combined bonus for Pam & Stan.
Thanks to the OP for giving us the chance to get clear about this. Nothing worse than suppressed concerns / feelings of injustice.
All paid delegates are going to have to get used to the fact they need to be more transparent in what they are specifically developing and the value they are adding to the network going forward.
Thank you Dan and Stan. This was the response that we all needed.+1
Thanks for all your kind words. :)
My role on BitShares over the past 18 months has actually been quite modest.
I work mostly behind the scenes. My job involves dealing with business operations and other gatekeeper duties typically associated with a chief of staff role. I pay most of the crypto bills. I handle financial, legal and accounting interfaces, written communication functions, partnership negotiations and support, and helping people see the bright side whenever I can.Generally I try to take everything I can off Bytemaster’s hands
so he can focus on things that only he can do.
Someday Bytemaster will find someone else he trusts to do those duties and I will be able to retire. But it is hard to find someone you can trust to have your back in all situations, especially on the financial and legal fronts. Until then, if I don’t do these functions he will have to find time to do them himself.If I’m the only one he trusts to walk his dog,
then by walking his dog I generate more Bytemaster time for the ecosystem.
Thus, the value of my contribution is pretty much just the value of Bytemaster’s time saved for things that only he can do.
**Full disclosure, BM does not own a dog. I'm using another metaphor. :D
I always assumed Stan was part of the brain trust that winds up bytemaster and makes him go. How do you quantify the value of his contribution to bytemaster's solutions over the past 1.5 years? Impossible to calculate, I think. Stan is a founder. How can you quibble with the salary of a foundational contributor that made this project happen in the first place? Not a productive or enlightening OP, in my opinion.
Stan is a founder of this project that has been critical to its inception and survival.
**Full disclosure, BM does not own a dog. I'm using another metaphor. :D
Thanks for all your kind words. :)
My role on BitShares over the past 18 months has actually been quite modest.
I work mostly behind the scenes. My job involves dealing with business operations and other gatekeeper duties typically associated with a chief of staff role. I pay most of the crypto bills. I handle financial, legal and accounting interfaces, written communication functions, partnership negotiations and support, and helping people see the bright side whenever I can.Generally I try to take everything I can off Bytemaster’s hands
so he can focus on things that only he can do.
Someday Bytemaster will find someone else he trusts to do those duties and I will be able to retire. But it is hard to find someone you can trust to have your back in all situations, especially on the financial and legal fronts. Until then, if I don’t do these functions he will have to find time to do them himself.If I’m the only one he trusts to walk his dog,
then by walking his dog I generate more Bytemaster time for the ecosystem.
Thus, the value of my contribution is pretty much just the value of Bytemaster’s time saved for things that only he can do.
**Full disclosure, BM does not own a dog. I'm using another metaphor. :D
Anyways maybe this is not a sad circumstance and I believe I should be targetted next on the forum for my opinions/comments/responses and sadly my disrespectful interruptions on the last mumble server. If you want to target me, go for it but I will be honest with you the post will be spammed, I have a lot of time on my hand and I will respond to many of the opinions meaning I am going to make multiple back to back posts because I am not so computer literate and dont know how to multi-quote, stupid hu? I know its so fucking stupid, fuck! If you want to guide me to how to multi-quote do back to back quotes so I can put multiple quotes in 1 post im up for it I will listen not just hear.
Anyways maybe this is not a sad circumstance and I believe I should be targetted next on the forum for my opinions/comments/responses and sadly my disrespectful interruptions on the last mumble server. If you want to target me, go for it but I will be honest with you the post will be spammed, I have a lot of time on my hand and I will respond to many of the opinions meaning I am going to make multiple back to back posts because I am not so computer literate and dont know how to multi-quote, stupid hu? I know its so fucking stupid, fuck! If you want to guide me to how to multi-quote do back to back quotes so I can put multiple quotes in 1 post im up for it I will listen not just hear.
Right click on "insert quote" and choose open link in a new tab. Open up all the quotes you want to quote in new tabs. Then, copy/paste each of them into the actual post. When you are finished, click Preview to make sure it looks right, then click Post.
If the quotes you want to quote are visible below when you click reply, you can just click 'insert quote' for anyone you want and it will add it to your reply.