First thing you said Shelby was "getting paid"
That is the issue.. morality & altruism etc.
If we are going to play by this everyone needs to be paid to lift a finger game then it's just going to scale up and escalate higher and higher.
Crypto in general started out as a few guys in a basement and now it's million dollar loans for mining farms
..and multi-million dollar ICO's where the "Dev" (i use that term loosely) is paid millions.
But.. it started out with guys doing coding work for nothing in return.
Aside from having the same equal mining opportunity on launch as all the others.
If they "need" to be paid it's going to snow ball.. it always does.
I don't know who to trust for governance off hand but i would trust the guys with hands out the least LOL
I'd be looking more to people who do things with out asking for anything in return.
That may not be an answer but it should help narrow it down a bit i think.
That is the issue.. morality & altruism etc.
If we are going to play by this everyone needs to be paid to lift a finger game then it's just going to scale up and escalate higher and higher.
Crypto in general started out as a few guys in a basement and now it's million dollar loans for mining farms
..and multi-million dollar ICO's where the "Dev" (i use that term loosely) is paid millions.
But.. it started out with guys doing coding work for nothing in return.
Aside from having the same equal mining opportunity on launch as all the others.
If they "need" to be paid it's going to snow ball.. it always does.
I don't know who to trust for governance off hand but i would trust the guys with hands out the least LOL
I'd be looking more to people who do things with out asking for anything in return.
That may not be an answer but it should help narrow it down a bit i think.
Why did you buy Bitcoin then?
If coin is not an ICO
1. No premine, or 1-2% premine for bounty and development
2. Fair Distribution
1. No premine, or 1-2% premine for bounty and development
2. Fair Distribution
So don't invest in Bitcoin even when it was $10 in 2013, because Satoshi has a million (5% of all tokens that will ever be mined... well ~10% as of 2013).
Glad @rpietila followed your advice and bought $100,000 of BTC in 2013 and is now worth more than $10 million.
The problem you lament exists because the speculators want to compete with each to buy ICOs early because they are all jealous that they didn't buy Bitcoin at $1. There is no solution to that other than to take all their money from them, and give it to scammers. Because that is what happens to jealous fools.
Whereas, telling me not to creating the Bitcoin Killer advance because you don't want me to get paid what I am worth, is nonsensical. If you could somehow stop me, then I would go work on some other project not in crypto and earn the (up to) $350,000 a year I used to earn before.