How will we do it?
- We can create the tokens (21 M) on Coinprism.com.
- We can use bitrated.com to send the bitcoins to and a trustagent to secured the funds is not spend.
How will this VC work?
Well you vote with the tokens and people have to pay the VC to make a proposal. Proposals can only be made if you hold the tokens.
Here is where the too big to fail comes in each of the 21 M tokens will cost 1000. Yeah that's a total of 21 BILLION, that's not even TWICE the total market cap!!!! Well I guess that one bitcoin will become more valuable in the process of setting up this TOO BIG TO FAIL BITCOIN VC.
The first thing that the VC can do is buy a bank.
What do you think?