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General Discussion / Re: BitShares - Conflict of Interest and NDAs ( Non-Disclosure Agreements )
« on: October 27, 2017, 04:31:07 pm »
Thank you iHashFury for raising this question.
At what point will "we" refuse to accept the terms imposed by an external entity? In the modern world I recognize virtually every business has something they want to keep private (non-public), but this secrecy tool can also bite us in the ass. Many NDAs are written like a boiler-plate house rental agreement - they provide maximum protection for one side only and that is usually the party asking for the NDA signature. I've signed enough of them to know that they can get you into obligations you didn't intend.
John F. Kennedy once said "secrecy is repugnant to a free and open society", and it also applies to a decentralized ecosystem like BitShares. I think Bytemaster was onto something when he discussed the idea of a "blockchain constitution". Issues such as who is allowed to speak or set policy for the entire ecosystem or sign documents on its' behalf could be defined there. However, just like in any form of "representative" governance, the representative can choose to neglect who they represent and go their own way. It's a real risk anytime a human is placed into a position of power.
Even tho I have huge respect for Fabian (xeroc), I don't think it's good for ANY one individual to hold so much power. It also puts anyone with such power in a targeted position. Such power needs to be considered carefully, and should include at least one way to hold that power in check or remove it entirely and quickly if necessary.
So I ask you, when is it acceptable for any of the parties (witnesses, committee members, others) to sign an NDA? It may also be important to state when an NDA should NOT be signed by a witness, committee member or even "the spokesperson". If BitShares had a "blockchain constitution" it would be the ideal place to define the principles and mission statement that should guide the ecosystem's every decision. IMO no person should be able to obligate this ecosystem to do anything without a shareholder vote, and issues of this magnitude (that can obligate the ecosystem) should be publicized in advance of the vote for some minimum amount of time so as many shareholders as possible will be given the choice to approve or reject the proposal, or change their proxy to align with what they want.
These 2 proposals (spokesperson, foundation involvement) were proposed and "voted in" within a matter of only a few hours. They provided no background info for the people being placed in a significant role of power to sign NDAs and set policy regarding "compliance". If Xeroc wasn't involved I'd have to say it was the quickest coo I've ever seen. Even with Xeroc's involvement I still have reservations b/c I don't know those other people. They could be slick devils that tickle Xeroc's ear with sweet things to distract him from their agenda. OK, ok that's only speculation I know, but consider the level of faith you're being asked to have about these people. Should we really trust in one person (xeroc) that much? Unless you personally know the others that's what this comes down to, to trust young Fabian Schuh to accurately assess the motives of these others to be genuine and devoid of any hidden agenda that would compromise the integrity of BitShares to provide a safe alternative to the corrupt mainstream financial system.
There is too much power to centralize decisions in these roles and we simply MUST NOT loose sight of that fact. We need explicitly stated "rules of engagement" to define the limits on these roles. If "we" don't take responsibility and constrain these roles to explicit dos and don'ts we may wake up one day to find we're not in Kansas anymore and this is no longer the BitShares we want, no longer the "alternative", safe financial system it was invented to be.
At what point will "we" refuse to accept the terms imposed by an external entity? In the modern world I recognize virtually every business has something they want to keep private (non-public), but this secrecy tool can also bite us in the ass. Many NDAs are written like a boiler-plate house rental agreement - they provide maximum protection for one side only and that is usually the party asking for the NDA signature. I've signed enough of them to know that they can get you into obligations you didn't intend.
John F. Kennedy once said "secrecy is repugnant to a free and open society", and it also applies to a decentralized ecosystem like BitShares. I think Bytemaster was onto something when he discussed the idea of a "blockchain constitution". Issues such as who is allowed to speak or set policy for the entire ecosystem or sign documents on its' behalf could be defined there. However, just like in any form of "representative" governance, the representative can choose to neglect who they represent and go their own way. It's a real risk anytime a human is placed into a position of power.
Even tho I have huge respect for Fabian (xeroc), I don't think it's good for ANY one individual to hold so much power. It also puts anyone with such power in a targeted position. Such power needs to be considered carefully, and should include at least one way to hold that power in check or remove it entirely and quickly if necessary.
So I ask you, when is it acceptable for any of the parties (witnesses, committee members, others) to sign an NDA? It may also be important to state when an NDA should NOT be signed by a witness, committee member or even "the spokesperson". If BitShares had a "blockchain constitution" it would be the ideal place to define the principles and mission statement that should guide the ecosystem's every decision. IMO no person should be able to obligate this ecosystem to do anything without a shareholder vote, and issues of this magnitude (that can obligate the ecosystem) should be publicized in advance of the vote for some minimum amount of time so as many shareholders as possible will be given the choice to approve or reject the proposal, or change their proxy to align with what they want.
These 2 proposals (spokesperson, foundation involvement) were proposed and "voted in" within a matter of only a few hours. They provided no background info for the people being placed in a significant role of power to sign NDAs and set policy regarding "compliance". If Xeroc wasn't involved I'd have to say it was the quickest coo I've ever seen. Even with Xeroc's involvement I still have reservations b/c I don't know those other people. They could be slick devils that tickle Xeroc's ear with sweet things to distract him from their agenda. OK, ok that's only speculation I know, but consider the level of faith you're being asked to have about these people. Should we really trust in one person (xeroc) that much? Unless you personally know the others that's what this comes down to, to trust young Fabian Schuh to accurately assess the motives of these others to be genuine and devoid of any hidden agenda that would compromise the integrity of BitShares to provide a safe alternative to the corrupt mainstream financial system.
There is too much power to centralize decisions in these roles and we simply MUST NOT loose sight of that fact. We need explicitly stated "rules of engagement" to define the limits on these roles. If "we" don't take responsibility and constrain these roles to explicit dos and don'ts we may wake up one day to find we're not in Kansas anymore and this is no longer the BitShares we want, no longer the "alternative", safe financial system it was invented to be.