I think giving up more then 5% of the block reward to the "foundation" is way too much. I would definately support 1%
How about 0%, because everything else goes against decentralization?
Is it just that you guys don't understand decentralization, or that you don't particularly like it? Or don't see any value in it
It has nothing to do with centralisation or decentralisarion. At some point you simply have to get shit done and sometimes that costs money.
Bitcoin IMO has been a resounding failure in terms of adoption. A 5 billion marketcap is pitiful after 6 years.
But the free market taught me that that's exactly how you
don't get shit done.
If people already know from the beginning that they are going to get payed no matter what, they always tend to get very lazy and abuse the system.
There is a reason why all the tax funded professions like teachers, politicians, police etc offer the WORST SERVICE among all professions.
It's because they don't have to satisfy customer needs to earn a living, instead they just have to lobby the government.
I see a similiar case with any forced / imposed "taxation" that you would implement into the protocol.
So not only does it go against decentralization, it is also immoral and will not work.
Let the developer satisfy customer needs and give us what we want, and the price of the coin (he himself is invested in) will go up.
With this positive feedback loop in place, who needs anything else?