Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD
by
mr_random
on 09/05/2014, 21:32:42 UTC
Regardless of this debate... the final outcome will more than likely be 1 person = 1 vote. If not, people won't use the foundation as a means of driving the direction of the coin. History will just repeat itself and the coin will once again go into the hands of the people.

The foundation is a smart group.. they won't allow just a few to have more pull over the masses. So I'm glad of that.

Why do you think in the running of multimillion dollar businesses on the stock market people who are the biggest shareholders have more of a say? Just curious what you think about that. Or do you think every shareholder in a business should be equal?

Businesses are not decentralized in the least.  They are totally centralized, with the board of directors and CEOs making all of the decisions.  Shareholders vote for the board members, based on how many shares they have (and also for big resolutions, etc)

That isn't decentralized, and this isn't a pulblicly traded business.

Also, the foundation is not even similar to the board of directors of blackcoin (not in name, and not in function)

I dont know why apples are being compared to orangutans here, but they are.

I disagree but I don't want to argue. Imo it's comparing Blackcoin to voting for some democratic goverment election which is absurd.