It is clear that in such a flagging market, the withdrawal of such a large amount of money will inevitably lead to the collapse of BTS prices.
In the end, these workers will not get enough money also, even if the vote went through.

True, liquidity on this market is small. Every seller needs to be counter-attacked with buying power. We do not have attention/demand for BTS now.

What's more, these workers are extremely corrupt, wasteful and inefficient. These worker's programmers, for example, earn more than $100 an hour.

False, Blockchain + BitShares developers are scarce and much needed.

@zhouxiaobao Where can I find an alternative proposed solution?

Closing business is not a solution

"Talk without the support of action means nothing."
― DaShanne Stokes

I bought http://www.bitshares.finance

This is a post to understand 2 specific questions:

1) Are my ideas aligned with what the community wants?

2) Is there room to support the initiative with worker funds?

My personal conclusion is that BitShares will gain network effect by targeting developers. Empowering the creation of products that will alone bring real users.

The concept for decentralized finance (#defi) is new for crypto users but the adoption is at a high pace. Simple products that remove technicalities and focus on the most needed requests.

The mechanics to enable them have been available for years. But the "hockey stick" adoption curve is only recent.


Compound is an algorithmic money market protocol on Ethereum that lets users earn interest or borrow assets against collateral.



The How:
A `how-to` do it on BitShares approach. Educate on the available on-chain and off-chain features BitShares has currently working.

The Why:
Expand the #defi related talks to include BitShares. Detach it from ETH as the only capable blockchain.


Links:
https://defipulse.com

BitShares has been under attack

While most were still copy-pasting their whitepapers BitShares was functional on mainnet.

We are talking year 2014


As soon as these type of images started to circulate we became an easy target. Suffering the consequences of a cutting edge technology that deals with freedom & money. Both jeopardized by the concept behind the current disruptive technological movement: decentralization.

Like every industry, inferior but powerful players used effective ancient tools to battle. Manipulate the herd, fill them up with fear. 

Here comes the counter-attack

BitShares did not defend because it thought people would look past the obvious lies. Reality shows that history is littered with technically superior products that failed to speak the herd language.

Our decentralized nature, the real one, makes us look slow on reactions. I would say we are solid. Consensus is not about 1-second confirmations but agreements on the best achievable solution. Do we agree that we have a superior working technology backed by a power idea?



BitShares: A Decentralized Autonomous Company (DAC). A for-profit business that happens to be running on a blockchain.


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