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中文 (Chinese) / Re: bts抵押直接借出bitCNY或bitUSD的功能?
« on: January 27, 2015, 09:28:30 am »
自己抵押自己买,三倍抵押,就相当于直接借出bitcny
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There is confusion about we what wish to commit to now and what the reality about how the system works is.what we really want to do ? why we start?
The system is ruled by shareholder vote. If you promise a fixed cap as part of the system, you are lying. The chance to have people believe anything the devs or the code says has passed. The only thing left is the consensus metric.
If you promise a fixed cap is what everyone thinks is the best option to commit to now, that's a different story. We should have a shareholder vote of confidence to convince the world that's what current shareholders want.
It is really kind of a catch-22 on the community. Imagine for a moment that BTS value fell down to $10M because Bitcoin fell down to $80. At our maximum dilution rate of 50 BTS per block (~6% per year) your development budget would be crushed to $600,000 per year which is enough to pay about 5 developers each with 20 delegates.I agree you almost your view so far, but this time ,I disagree
Who would we let go? Toast, Nathan, Vikram, Valentine, Ben, Me, Stan, the entire marketing team?
So while I think it is safe to say that we will never dilute by more than $3 million dollars per year of capital infusion I doubt the stakeholders would want to cripple our team which is the only hope we have toward long term viability.
As it stands right now, we will need 101 fully paid 100% delegates to maintain our current burn rate. The community would have to start making tough choices on who to let go.
Many developers would take "equity" in place of salary (ie, not contribute to sell pressure) but if you cannot offer them equity then they will go work someplace else and support BitShares part time if at all.
On the other hand by the time we grow to be the size of Bitcoin it is inconceivable that we should need any additional dilution. So I would be sure to caveat any "rules" on dilution to only apply at market caps above $250M because below that point we are still in the "bootstrap" phase.
Not saying I want to dilute, I would much rather have us grow faster than we are diluting, but we can never guess how Bitcoin's fate could impact us.
After DNS is merged by Super DAC, I only have 1 M DNS, but I consider many people lost because of price of DNS drop , I donation any all 1 M DNS just for support other people.
That person asked about the money.
It isn't about spending the money to support others.
It is whether the inflation funds should pay for every bit of your free time or force you to be in some exclusive contract. A real greedy asshole might say "Well Fuzzy if you aren't spending all your time on BTS then you deserve nothing from the blockchain. It doesn't matter all the time you have selflessly donated!" Just ignore them. Those are the types of people that have chased me off from wanting to have the RPM community on this board and went with the PTS board instead. Long live PTS!
While the core developers never display this attitude there is a very vocal minority on here that does. I deeply hope you are not too swayed by them. Luckily it appears you have what it takes to rise above that stupid bullshit and realize that realistically none of these other chains are a direct threat to BitShares. Pushing PTS off has done nothing but result in a bit of brain drain as PC and Cube both seem to be very competent.