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Technical Support / Re: What happened to the 30 million BTS
« on: September 11, 2015, 11:00:53 pm »
Thank you newmine for bringing this up.
We talk about how mining puts huge downward pressure on a blockchain, what about 30 million new BTS constantly vesting over 2 years? When new users ask about the distribution of BTS and they hear that we gave away 30 million BTS to 1 guy for his pipe dream voting pet project that has nothing to do with the core product, they will say why should I invest in this?
Lets assume that 2.0 is really popular and achieves a moderately successful market cap of $200 million in a couple of years. Then that 30 BTS will earn AE $2.4 million dollars for doing nothing.
We keep hearing about how Vote is the secret sauce but we never hear any updates on it. Adam is never posting on these forums on why he needs to be given that money or what he is doing with it. Im sure hes talented otherwise BM would not have done it.
We are creating a new genesis block for BTS 2.0, so how about fixing this elephant in the room by deleting that 30 million BTS vesting address from the genesis block. Or would Adam like to comment on this post on why that shouldnt happen? There is already precedent for this - the marketing guy's bonus was cancelled and the departure was still ammicable.
This needs to be fixed.
We talk about how mining puts huge downward pressure on a blockchain, what about 30 million new BTS constantly vesting over 2 years? When new users ask about the distribution of BTS and they hear that we gave away 30 million BTS to 1 guy for his pipe dream voting pet project that has nothing to do with the core product, they will say why should I invest in this?
Lets assume that 2.0 is really popular and achieves a moderately successful market cap of $200 million in a couple of years. Then that 30 BTS will earn AE $2.4 million dollars for doing nothing.
We keep hearing about how Vote is the secret sauce but we never hear any updates on it. Adam is never posting on these forums on why he needs to be given that money or what he is doing with it. Im sure hes talented otherwise BM would not have done it.
We are creating a new genesis block for BTS 2.0, so how about fixing this elephant in the room by deleting that 30 million BTS vesting address from the genesis block. Or would Adam like to comment on this post on why that shouldnt happen? There is already precedent for this - the marketing guy's bonus was cancelled and the departure was still ammicable.
This needs to be fixed.
but I dont really see how Im blocking freedom. The admins of this site have the freedom to moderate it however they see fit. Also, there is financial freedom that BitShares brings but there is also psychological & mental freedom. I dont think cannabis gives that - it seems to give memory problems from what Ive read.
