Quote from: fuzzy on June 13, 2015, 02:53:09 pm

Quote from: triox on June 13, 2015, 02:41:25 pm

I don't know if the team has to address newmine specifically, since he has a tendency to sound a bit too aggressive (entertaining as it is), but the community's brewing concerns should definitely be addressed as it looks like the investor's interests and the interests of the development team may be diverging.

As things stand, Cryptonomex' hypothetical corporate gig could be actually worth more - and be far more liquid - than their entire BTS stake. Hell, it could be bigger than the entire BTS market cap.

As I understand it, the original investors were promised a stake in I3's future projects and Graphine is certainly the result of a two-year trial&error experimentation between  developers, investors, traders and the market realities. Now, that is not to say that the shareholders "own" Daniel Larimer and everything he does for the rest of his life. But it starts to look like Cryptonomex is becoming a competitor to Bitshares as it's corporate shares may be a better deal than BTS. That perception of project's self-cannibalization cannot be in Daniel's own interest either.

All those concerns about the future of Bitshares support and BTS value can be alleviated with a sharedrop - a decisive realigning of incentives between developers and investors.

Later on in the process of building bitshares,  BM clarified that these promises were not legally binding and that our ags donations and pts stake were not investnents...but more like crowdfunding donations. 

This is why I've stated two things:
1) the community's unwillingness to provide devs with living wages  might end up costing us significantly and
2) We should, as a community, try to come up with ways to remediate the situation

And the SEC sees that these 'donations' are now 'shares' in a company... OUUU GOODY.. we got another one of these crypto-tard bitcoin thingies we can nail to the wall for SEC violation in selling unregistered securities. Good-bye BitShares.

Seriously, think big picture and understand that Dan et all are doing their best to lead us forward.

I am not going to participate in any kind of hangout where someone else is going to discuss how to dictate to someone else how they are going to run their company without even the directors of said company being present. This is turning into mob FUD and it should end right here.

Have a hangout about features in BitShares 2.0 and ways it can work better, I will gladly participate. Not how we are entitled to tell someone else how to run their business.

Sounds like we need a smart contract that pays out on milestones rather than time
- Riverhead