Author Topic: Concerns about AGS donations being reinvested in AGS  (Read 7010 times)

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Offline AdamBLevine

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #30 on: June 11, 2014, 06:19:25 pm »
So it seems like there is a plausible solution here and we basically have no way to verify it without asking the person to come forward who has been making the donation, which would tell us a lot more.

I definitely agree with others that Stans fortune cookie responses are very frustrating as the primary, official response one can hope for.
« Last Edit: June 11, 2014, 06:40:25 pm by AdamBLevine »
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Offline Stan

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #31 on: June 11, 2014, 07:46:52 pm »
Every word that I labor to write is placed where it is for a specific reason.

I do not expect all such words to be equally useful to every reader.

But all words are there because I specifically wish to communicate something to someone.

He who has ears to hear, let him hear.

 :)
« Last Edit: June 11, 2014, 07:55:26 pm by Stan »
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Offline tonyk

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #32 on: June 11, 2014, 08:30:29 pm »
У меня есть новости для вас, о тех голосов в вашей голове, это не бог говорит с вами
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline cass

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #33 on: June 11, 2014, 10:04:16 pm »
У меня есть новости для вас, о тех голосов в вашей голове, это не бог говорит с вами

english please
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline tonyk

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #34 on: June 11, 2014, 10:11:38 pm »
У меня есть новости для вас, о тех голосов в вашей голове, это не бог говорит с вами

english please

Every word that I labor to write is placed where it is for a specific reason.

I do not expect all such words to be equally useful to every reader.

But all words are there because I specifically wish to communicate something to someone.

He who has ears to hear, let him hear.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline cass

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #35 on: June 11, 2014, 10:15:01 pm »
У меня есть новости для вас, о тех голосов в вашей голове, это не бог говорит с вами

english please

Every word that I labor to write is placed where it is for a specific reason.

I do not expect all such words to be equally useful to every reader.

But all words are there because I specifically wish to communicate something to someone.

He who has ears to hear, let him hear.


Wow, na gut wenn Ihr meint so kommunizieren zu müssen, dann macht das, aber dann bitte ohne mich!
Ist ehrlich gesagt nicht wirklich konstruktiv so zu handeln. Naja ... klinke mich dann hier mal aus ... viel Spass und weiter so ... keine Zeit dafür


I am also annoyed to no end to be lectured Homer / Shakespeare style on the history of shipbuilding when I look for a one sentence answer to a business issue…

agreed




« Last Edit: June 11, 2014, 10:20:29 pm by cass »
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline tonyk

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #36 on: June 11, 2014, 10:18:53 pm »
У меня есть новости для вас, о тех голосов в вашей голове, это не бог говорит с вами

english please

Every word that I labor to write is placed where it is for a specific reason.

I do not expect all such words to be equally useful to every reader.

But all words are there because I specifically wish to communicate something to someone.

He who has ears to hear, let him hear.


Wow, na gut wenn Ihr meint so kommunizieren zu müssen, dann macht das, aber dann bitte ohne mich!
Ist ehrlich gesagt nicht wirklich konstruktiv so zu handeln. Naja ... klinke mich dann hier mal aus ... viel Spass und weiter so ... keine Zeit dafür


I am also annoyed to no end to be lectured Homer / Shakespeare style on the history of shipbuilding when I look for a one sentence answer to a business issue…

agreed

Why only some of us need to act in constructive way? And + I consider this constructive criticism…
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline cass

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #37 on: June 11, 2014, 10:25:08 pm »
У меня есть новости для вас, о тех голосов в вашей голове, это не бог говорит с вами

english please

Every word that I labor to write is placed where it is for a specific reason.

I do not expect all such words to be equally useful to every reader.

But all words are there because I specifically wish to communicate something to someone.

He who has ears to hear, let him hear.


Wow, na gut wenn Ihr meint so kommunizieren zu müssen, dann macht das, aber dann bitte ohne mich!
Ist ehrlich gesagt nicht wirklich konstruktiv so zu handeln. Naja ... klinke mich dann hier mal aus ... viel Spass und weiter so ... keine Zeit dafür


I am also annoyed to no end to be lectured Homer / Shakespeare style on the history of shipbuilding when I look for a one sentence answer to a business issue…

agreed

Why only some of us need to act in constructive way? And + I consider this constructive criticism…

i didn't say this to just one partie here...
« Last Edit: June 11, 2014, 10:29:55 pm by cass »
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline NewMine

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #38 on: June 14, 2014, 05:16:09 am »
Did I read this right?

Hyperatas is a payroll company liquidating AGS BTC donations through someone, not an exchange, who is turning around and donating them back to AGS?

Offline toast

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #39 on: June 14, 2014, 07:15:45 am »
Did I read this right?

Hyperatas is a payroll company liquidating AGS BTC donations through someone, not an exchange, who is turning around and donating them back to AGS?

Right, except the "turning around and donating them back" happens after the "paid out of BTS trust" happens - in other words, employees (and subcontractors and bountees) are re-investing their *personal* income.

edit: actually I think "liquidating" might not be the right word to describe "trading BTC for labor", so answer in that case would be "no"
« Last Edit: June 14, 2014, 07:20:15 am by toast »
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Offline liondani

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #40 on: June 14, 2014, 01:21:10 pm »
Did I read this right?

Hyperatas is a payroll company liquidating AGS BTC donations through someone, not an exchange, who is turning around and donating them back to AGS?

Right, except the "turning around and donating them back" happens after the "paid out of BTS trust" happens - in other words, employees (and subcontractors and bountees) are re-investing their *personal* income.

edit: actually I think "liquidating" might not be the right word to describe "trading BTC for labor", so answer in that case would be "no"

+ they believe in bitshares succes (and have a martingale-like strategy in action)
- they don't give us the same oportunity ...
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Offline toast

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #41 on: June 14, 2014, 06:01:11 pm »
Quote
- they don't give us the same oportunity ...

What does this mean? We're not getting any advantage, we are all investing personal income. You mean BTS trust should pay you also?
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Offline AdamBLevine

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #42 on: June 14, 2014, 06:21:30 pm »
Quote
- they don't give us the same oportunity ...

What does this mean? We're not getting any advantage, we are all investing personal income. You mean BTS trust should pay you also?

Well, employment payments deals and negotiations are non-public, so we have no way of knowing there isn't a contractual obligation to devote some % of pay above the real salary to cycling funds back through.  If you want people to be vested in your ecosystem in a way where they can't leave, Angelshares do that well.   

I'm not suggesting this is being done, but that it's a plausible explanation for the rather heavy re-investment.  That person is mostly competing against themselves, which is not an entirely rational strategy.
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Offline bytemaster

Re: Concerns about AGS donations being reinvested in AGS
« Reply #43 on: June 14, 2014, 06:32:49 pm »
Quote
- they don't give us the same oportunity ...

What does this mean? We're not getting any advantage, we are all investing personal income. You mean BTS trust should pay you also?

Well, employment payments deals and negotiations are non-public, so we have no way of knowing there isn't a contractual obligation to devote some % of pay above the real salary to cycling funds back through.  If you want people to be vested in your ecosystem in a way where they can't leave, Angelshares do that well.   

I'm not suggesting this is being done, but that it's a plausible explanation for the rather heavy re-investment.  That person is mostly competing against themselves, which is not an entirely rational strategy.

We have no contractual obligations regarding AGS recycling. 

I do know that Dan N, Arlen and Brian and supporting AGS.     
 
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Offline jae208

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Re: Concerns about AGS donations being reinvested in AGS
« Reply #44 on: June 14, 2014, 08:04:10 pm »
Who is Hypertas, and why were they given 134,000USD worth of bitcoin at current rate?

Because this person or company is managing payroll by the looks of it.  Not looking like anything problematic so far.

A few weeks after the coin desk article that first mentioned BitShares back in August I remember I visited an old I3 website where they had the names of some of their employee's names and roles listed. The person in charge of accounting was a woman and she was a Larimer. Can'the remember her first name though. That page might be listed on archive.org idk. I actually did take a screen shot of the page but I don't remember where I put.

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