Post
Topic
Board Project Development
Re: Proposal for Standardizing the Distribution Rate of Dev MSC via the MSC Protocol
by
dacoinminster
on 23/11/2013, 01:40:29 UTC

I think the dev salary discussion is completely out of scope. This is a project built on top of Bitcoin, funded entirely by Bitcoin, and thus, salaries are paid in Bitcoin. If you don't like that, you can instantly cash out to USD as soon as you get paid. What currency you end using is not one of the Foundation's concern, and nor should it waste time accommodating for the desires of devs who don't believe in BTC ( ffs, am I still on Bitcointalk ?? ).

Also, I don't follow your reasoning on why we would rather hold funds in anything other than BTC. Everyone here knows BTC is the fastest appreciating currency of the three discussed (of all, for that matter..).

What would we gain by getting out BTC that will compensate for the (probable, given the btc rising trend) loss of total value ??

I can only think of a little stability as the answer for that, which brings me to what Ron said a couple posts ago: I agree when he says we need some kind of hedging, but still, given the current trendline I wouldn't go 50/50 MSC/BTC but maybe a bigger stake in BTC instead.

Ah . . . wut? BTC is appreciating faster? I think you are extrapolating on way too short of a timeframe. MSC is WAY up against BTC since it launched.