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General Discussion / Re: Have we passed a centralization tipping point?
« on: October 26, 2014, 02:54:32 pm »Once, the developers work for the blockchain and get payed by "capital infusion" there will be no more I3 .. and all funds that are owned by I3 will be gone
Firstly, inflation is not "capital infusion". It's a redistribution of wealth. No new money is entering the system, and the market cap does not increase as a result.
If Bitshares were a currency with hard established rules and little room for improvement by developers, then I would largely agree. However, Bitshares is a flexible and rapidly evolving company, so "inflation equals redistribution of wealth" is not the appropriate rule of thumb for this situation. Perhaps part of the confusion, I have noticed, is that there are many in this community who have accumulated knowledge of conventional economic theory, but have not yet put together how these concepts will apply in this situation.