BitShares Forum

Other => Graveyard => MemoryCoin => Topic started by: FreeTrade on February 08, 2014, 08:35:54 pm

Title: Should FreeTrade be Voting?
Post by: FreeTrade on February 08, 2014, 08:35:54 pm
As I announced in my interview with Katy Couric, because my shareholding is relatively large compared to voter participation, I've been abstaining from voting, leaving the community to decide the elections of the officers.

It seems that we have a low voting participation rate such that it is difficult to even replace a CNO who has announced that he is stepping down. Many shareholders are keeping their funds on Bter and so cannot vote, and others are passive, not voting. I think active shareholders are important to the success of the coin, and I'm well placed to make informed choices.

Should I be voting, and should I stay on as CEO if I am?
Title: Re: Should FreeTrade be Voting?
Post by: KillerByte on February 08, 2014, 09:00:16 pm
Yes, do it! I think that part of your job should be to contribute your opinion regarding the officers.

The fact that you are voting for 'nobody' for CEO makes you vote for somebody... because now the money is being wasted...

But this view is coming from a candidate for the position :)
Title: Re: Should FreeTrade be Voting?
Post by: itsik78 on February 08, 2014, 09:05:06 pm
I think you should be voting.
If you want to be really strict with yourself, you could only use the ceo address to vote and not the other funds
Title: Re: Should FreeTrade be Voting?
Post by: ManeBjorn on February 08, 2014, 09:40:16 pm
You should vote but definitely use restraint. 
I think that your input is important as it comes from a point of view the rest of us do not have.
Regardless of what you decide politics are always divisive and a big point to make is that there will be times that people disagree but it does not mean we cannot work together.
Title: Re: Should FreeTrade be Voting?
Post by: MaxPWR on February 08, 2014, 09:47:48 pm
Short answer - Yes, and publicly.  Maybe just use part of your funds but use the same balance for yourself and other candidates, etc.  Or, use preferences and don't put yourself #1.

You should also publish development goals / campaign objectives / etc.  Think addenda to the manifesto instead of specific to-do lists.  Or, politician speaking to a community instead of government project manager.

See my confusing votes which I updated today, which is meant to implement preferences:
http://mmcvotes.com/address/MAXVTEoYhDfWJjvkNm2ZmUhHpYbsPYuybg
https://bitsharestalk.org/index.php?topic=2664.msg33143#msg33143

(Took some time manually casting all those votes...)

Basically, my first preference for each cXo is a short-term site / project of my own (I haven't written up / published yet).  I don't expect to win, but to fund them through promoting and advertising them as supporting existing cXo functions...so, I have other preferences.  The second if I don't win are the current MMC officers.  The last candidate is the Manifesto (which is what I call the spoiler-vote addresses - if development / Manifesto is complete, we can kill the block rewards). 

I could also add other personal programs or public candidates if I wanted to, but not before I put together an auto-vote script or something.
Title: Re: Should FreeTrade be Voting?
Post by: FreeTrade on February 09, 2014, 08:32:36 am
Ok - have started to vote.
Title: Re: Should FreeTrade be Voting?
Post by: kubiDei on February 09, 2014, 12:10:22 pm
Sorry for my poor English, but I should say this anyway: "low voting participation rate" all comes from low price of MMC.

When a coin (unfortunately it's MMC now) getting cheaper and cheaper, nobody cares about its features & advantages, because no one can get any profit from it, why wasting time, why don't follow another coin.

Yes of course our dream is big and we are not speculators, but definitely we need them, we need them to promote our dream, or spread the news. Combining their profits and our dreams together!

First I think the CXO team should do, is to find as many exchange platforms as possible.
Second, everything we do, we should let everyone know, like when you want to opensource, spread the news all over internet, especially in bitcointalk.org or more.

MVaXkuGitAP7x9NQa9u85XPWkgVZ4WPfye
Title: Re: Should FreeTrade be Voting?
Post by: emre on February 09, 2014, 01:13:59 pm
yes, he should.
Title: Re: Should FreeTrade be Voting?
Post by: city19akro on February 10, 2014, 09:46:36 pm
After all, having a certain amount of MMC is like having shares in a company. Even if you are the main shareholder or founder, it shouldn't mean your voice shouldn't be heard. On the contrary! You are the one that got the more at stake in this, so heck yeah you should vote! Just like everyone else would vote if they were in your position (well, i know i would anyway).
Props for asking the community though. I personally think that is the right way to do it.
Title: Re: Should FreeTrade be Voting?
Post by: stalemate on February 13, 2014, 10:15:13 am
Yes, you should be voting just like anyone.