Oh, I didn't record it.  I just pasted what was posted in slack.  :D


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As someone new to BitShares, I'm not all that worried about people using the existing protocol (as-is) to try to yank the steering wheel.  Seems like all crypto currencies have that situation from time-to-time.

Instead, things that make me apprehensive is the notion that some people think a hard fork is the solution.

Quote from: onceuponatime on April 06, 2016, 01:40:16 PM

Possibly. Please expand upon your analogy so that we can discuss.

I don't know where I was going with my analogy.

I just discovered BitShares, and of all things, the top discussion is this.  But it really helped me wrap my head around DPOS.  And I am not at all turned off, although the mention of social contracts makes me giggle.

I suppose if I bought Apple shares on E*TRADE, then E*TRADE turned around and used their profits to lobby against Apple, that'd be problematic.  But I wouldn't expect E*TRADE to disclose their lobbying practice to me.  It's my job to investigate people I do business with.

If E*TRADE hid my Apple stockholder voting options (though, I believe that's a SEC violation), that would also be problematic, but again, I think it's my job to investigate people I do business with.

Quote from: Thom on April 06, 2016, 12:56:27 PM

Quote from: inertia on April 06, 2016, 04:39:36 AM
If I were to create a centralized exchange, call it Alphabet Soup Exchange, and I wanted to ethically offer trading pairs for BTS, would this forum approve if I added a checkbox with an "I Agree" option and a text box with the following statement, before displaying the account/memo needed for deposits?

"I agree to deposit BitShares with the full knowledge that Alphabet Soup Exchange is delegated a temporary stake until these funds are withdrawn."

In other words, it just draws attention to the facts and nothing about the intent.

The above is better than nothing, but Once's disclaimer is better. It leaves out any mention of a specific intent, but is explicit on stating the exchange is given power through the deposit to vote as they please, which may or may not coincide with the depositor's best interests.

Leaving that out is manipulative IMO.

Got it, and will we expect Bitshares to also display non-manipulative disclaimers when it offers trade pairs for future DPOS sidechains?

If I were to create a centralized exchange, call it Alphabet Soup Exchange, and I wanted to ethically offer trading pairs for BTS, would this forum approve if I added a checkbox with an "I Agree" option and a text box with the following statement, before displaying the account/memo needed for deposits?

"I agree to deposit BitShares with the full knowledge that Alphabet Soup Exchange is delegated a temporary stake until these funds are withdrawn."

In other words, it just draws attention to the facts and nothing about the intent.