Quote from: iamnotback on February 25, 2017, 05:32:40 PM

If a coin was going to copy Dash and Zcash's model of having some portion of transaction fees paid to a governance board which then distributed the funds, who would you trust to be on this board and what percentage of the board's funds would you want paid to the members of this board for their effort to manage the distribution of the funds?

The government. Grin

Honestly, if there is a "trusted party" to be had, it is the government. Trump, the United Nations, Putin, the European Union, or some other "trusted entity", no ?

I don't know why one would go through all the crypto hassle to end up with the equivalent of Putin or Trump, with the equivalent of the European Union or the United Nations. Because that is what will happen if there is "aristocracy", that is to say, "people who are different from others, because they have institutional decision rights which others haven't".

Satoshi knew this and pulled out before people asked him to "rule".