Quote from: dacoinminster on August 05, 2013, 05:08:09 PM

Quote from: bvt on August 05, 2013, 05:00:30 PM

You're negotiating against your own wife?? Do you even realize how insanely mixed your role is in this? I honestly find it hard to take you or MasterCoin seriously if you paid yourself any salary at all.

You point out that you'd lose equally as much as other "investors" (purchasers would be a more fitting term). You're essentially controlling expenses and your own salary which you "withdraw" from the exodus address. If you work on this for 6 months and return 50 % of all funds you have not lost anything because those funds are withdrawn for your own personal use, claimed as "salary".

Just because you say a speculative attack wont happen does not make this an economically sound protocol. You're either knowingly or ignorant to the fact that you're setting up a game of musical chairs for everyone involved, with a twist where you've guaranteed yourself a chair.

I think you're economically under-qualified to lead this project. You've mixed your role on every side of the project which means this is de facto a premined-equivalent altcoin, leeching off the Bitcoin network. You still dodge the hard questions and appeal to greed in half of your posts.

Angel investors and entrepreneurs have exactly the same relationship as this. It really shouldn't be so terribly controversial. Either the idea is great, and lots of money will be made, or it isn't, and investors will lose out.

Please don't hyperventilate

No, they most certainly don't Wink

. You're using your wife as a bargaining chip. You seem to forget that you're not dealing with experienced investors. You've set up a system where there's no accountability for MasterCoin's finances and you've rushed the fundraising along before a proper detailed plan is explained. No investor worth one's salt would touch this.

I still think you're under-qualified. When this falls apart either because you can't put it together in the first place or the house of cards falls your reputation is ruined.