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Quote from: Bangzi on October 31, 2019, 01:48:41 AM
Can you approve Committee-account Proposal: 1.10.50903 to Create a new Worker "BAIP-Threshold"? Is one of the criteria to pass a BAIP(BitAssets Improvement Proposal)

https://github.com/bitshares/baips/blob/master/baip-0001.md

Hey Clockwork!

If you don't feel like approving this proposal, please don't do it. This gang comes witness by witness and member by member to try to force them into their agenda. But we are free men. We act out of our consciousnes as I am sure you will do in this case.

I don't really understand the logic of this. What is being said here is that the committee is free to change the roles of witnesses. Is that actually the case?

Support granted. I'll check if my proxy is voting you in. Otherwise I'll do it direcly.

Sapiens has a point. Bsip76 is effectively taking a Globally Traded and long term marketed as stable asset and creating an artificial difference in its price, and that is being done in order to benefit a specific group of people.

Out of the top of my head I can think of at least 5 different reasons why this can make for a legal investigation. I mean, think what would happen if Tether all of a sudden decided to devalue its coin by 10 or 20%!!!

Also, the regular protocol was violated when changing the price-feed and several claims of witnesses being forced to adjust the price-feed or to vote the Bsip have been ignored.

One thing that must be understood is that whatever change is done in the Bitshares protocol will have a small yet global effect already. Whoever proposes or implements something here, is dealing not only with his money, but also with someone else's. This is no children's game. 

Finally, whoever doesn't want to be treated as a criminal, shouldn't act as one.

Business models, for years, have been created on the premise that 1 BitUSD is pegged to 1 USD. And now, in a matter of a few days you want to turn them down because your greedy instinct burned your ass?

If BitUSD is not pegged and is not collateralized, then what is it worth for?

If a BitUSD is worth a USD under the condition that BTS is increasing in price, then what's the point of holding BitUSD instead of Bts directly, for a new user?

Same for BitCNY.

What a misserable and coward spirit of a crawling crab who, is ready to damage the reputation of a system created as an alternative for all mankind, in order to save his ass, evading the consequences of his own rist appetite.

The impulse from the community to stop workers dumping is only natural.

However, it is only that, an impulse. It wasn't a conscientious decision and, instead of helping Bitshares price, it's killing the whole ecosystem.

It is indecent to, all of a sudden, stop paying for contracts that are already running and halt development.

On the other side, the big factor that is preventing price from going up is not workers' dumping, but the sale-wall which is created by the margin calll mechanism.

I did a detailed analysis here:

https://steemit.com/bitshares/@aguerrido/feedback-loops-and-analysis-of-bitshares-architecture-in-relation-to-smart-assets-sustainability