Personally, as long as things are transparent, i like the idea of having 2% go towards the advancement of marijuana laws or some type of foundation like that. Like perhaps the foundation is NORML or something. Being open source, that you found it, i can't say they are being deceptive about things, it is there. Should they have added another comment line describing what it is so that when people do find it, they know, YES, they should have.
Also, thinking about it as i type, i don't think i would even mind 2% if it was for the coins future (i have mined on pools that take more, meh). It wouldn't be a bad idea to have some type of general fund, to buy asic miners with or something, to support the coin further down the line. At least that is how i feel, i know it isn't the popular opinion per say, but it is the most logical one. Money is the oil of the machine in which we live. Keeps things moving along nice and smooth. I would rather see the devs have some type of REAL motivation to press the coin further. Why should they bust their balls and do all this work, for the rest of us to benefit from as well. It is easy for me to come online and type a few paragraphs pissin and moaning about things, they can ALWAYS be better. It really isn't doing much for the coin though, i am not making calls, shaking hands, and kissing babies. I completely recognize that people need motivation to accomplish things. Pavlov was a pretty interesting dude.
http://www2.psychology.uiowa.edu/faculty/wasserman/glossary/reflex.htmlEither way, i am anxious to hear about this from the devs. I like the watchman vigilance thing, gotta keep them eyes peeled! Thanks Fuse!
2% of all coins is a lot of coins. That is 8.4m coins. Mind you, this code would probably be going forward, but still... 2% of the remaining coins is a lot of coins. I agree that if it's being used for ASICs or public relations, then so be it. The devs have been pretty anti-ASIC though... almost scared in some posts. I'd love to see a plan for this like DOGE.
I'd also still like to know if the dev team has shirts, business cards, media kits, etc. The only news we've gotten lately is that they moved into a new office. That's great and all, but unless you're bringing prospects back for meetings, it's just an added expense. Get the business branded and promoted. Spend the money on radio ads, mailers, flyers, business cards that handed out to everyone they meet... the list goes on. Hell even 0.5% of the total coins would take care of this long term.
I'm not concerned about what could be done with 2%, I would just like to know what it's all about. In my mind it's just a premine after the fact.
Currently, the donation address for POT is at 588k POT as seen here:
http://potchain.net/address/PLZUTZv6BrZHPnir1Qv5RwDjoNiPZLcDHf. People donate to the group. If they get their goal of 1 gram per coin, I'm pretty sure that's a decent starting point for motivation to continue to work on the coin.
-Fuse