Quote from: utopianfuture on December 30, 2013, 12:25:20 PM

Quote from: aldrin on December 30, 2013, 11:55:35 AM

Quote from: utopianfuture on December 30, 2013, 11:28:23 AM

Quote from: instacash on December 30, 2013, 11:18:39 AM

Why push aldrin to do anything? He can do whatever he wants with his stake. You can rest assured he's going to use it well, no need to blabla in my eyes. Supporting contributions to the project sounds fine.

The system won't work if all the big stakes just hoards a big stake. If he finally does as he said, basically his nxt become dead because it is only sitting there for forging without entering the economy.

I think for the whole system to work, there has to be a tax against money not put into circulation. Cfb , is it possible to design such a scheme?

My suggestion is for big stake holders to pool their holding together (separate accounts but all donating to the same fund).

I'll summarise my position very specifically - i've got about 4% now - I sell down down at a steady rate to about 1%, and I add the bulk of remaining 1% to a the 'community forging fund' for communal funding efforts. Obviously if other big stake holders don't join in the forging would be slightly under 1% - but that's of all transactions on the network. If others joined me, it could be 5-10% - OF ALL TRANSACTION FEES GOING BACK INTO DEVELOPMENT - that would fund a lot of good things. We could have a budget and actually plan things (a little, I know decentralisation is king)

So my personal plan is this

1- steady dispersal of 3% of my 4% of NXT supply to other people in a calm and measured way (and I make money and feel good)
2- 1% is forging 24/7 for community funding - more if others join me (everyone feels good)

Criticise what I'm suggesting, but first understand my position. Ask questions. Don't assume.

Hi Aldrin I don't have any issue against your plan. I am very much allergic to wasteful spending so I think you has made a sensible decision to wait until the water more clear.

Thanks utopianfuture, I appreciate your comment! I too am looking to avoid wasteful spending and maximise NXT potential! I feel confident in the collective inteligence of NXT users at this moment in time. We can make NXT work!