Quote from: rgcrypto on April 25, 2015, 11:06:46 pm

1. There is no relation between pay and actual value being delivered.

In a certain way there is. Shareholders are the judges and accordingly adjust payrate.
And imo there is no way overall value to the ecosystem can be mathematically measured. In particular referrals are an insufficient metric as stated earlier. Hence the best way to adjust payrate according to performance is by a panel of judges that are incentivized to be honest, which is what we currently have.

Quote from: rgcrypto on April 25, 2015, 11:06:46 pm

2. Democratic vote is not a good system to know what to invest in...governments are reknown for being terrible investors.

This is a vote per share system, that has nothing to do with democracy.

"If you and I both owned a hamburger stand and we were in a contest to see who could sell the most hamburgers, what advantages would you most like to have on your side to help you win?"

The answers vary. Some of the students say they would like to have the advantage of having superior meat from which to make their burgers. Others say they want sesame seed buns. Others mention location. Someone usually wants to be able to offer the lowest prices.

And so on.

Whatever. In any case, after my students are finished telling me what advantages they would most like to have, I usually say to them something like this: "O.K., I'll give you every single advantage you have asked for. I, myself, only want one advantage and, if you will give it to me, I will (when it comes to selling burgers) whip the pants off all of you!"

"What advantage do you want?" they ask.

"The only advantage I want," I reply...

"Is... A Starving Crowd!"

Think about it. When it comes to business, the most profitable habit you can cultivate is the habit of constantly being on the lookout for groups of people (markets) who have demonstrated that they are starving (or, at least hungry) for some particular product or service.