Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
NxtChg
on 03/02/2014, 11:06:33 UTC
And what if one day they decide they don't feel like doing it anymore?

Also, how do you think it's gonna look to outsiders?
I think it will look good to outsiders. Millionaire founders agree to obey the decisions of committees selected by the community. Committee members are chosen based on merit and not by how much NXT they have.

Just what part of that looks bad?

That "agree to obey" part. Let me ask again, what if one day they decide not to?

To outsiders it looks like this: "there were 73 super rich original stakeholders and when some of them didn't claim their funds, those funds were divided between the rest of the original rich guys".

And the outsiders won't get into any details that it's not true and that trustees have to "agree to obey"...