Quote from: inBitweTrust on October 21, 2014, 09:09:25 PM

Quote from: sidhujag on October 21, 2014, 08:58:49 PM

It is a one time infusion to avoid spending time on many DACs and create one to create one big rocket ship for outer space instead of smaller ships trying to get there... capital infusion is meant to be a feature for new DACs rolling fwd to tie supply to real growth (and funding for new technologies) as a consensus over time... thus it is unlike anything else out there today...

One time, huh? What do you think the differences between a consensus being reached within PoW Bitcoin increasing the 21 million limit and BTSX further diluting shares?

Quote from: sidhujag on October 21, 2014, 08:58:49 PM

The only real difference is that bitshares added the voting capability thus tying in consensus... and its only as inflationary as it needs to be... if new technology justifies the funding it funds it... otherwise it doesn't... not like today where we have technologies that don't hold their own weight... thats as far as I can tell, the rest we will have to look in hindsight... but I believe in the decisions so far.

Hmmm.....that's not exactly answering the question.....

Quote from: inBitweTrust on October 21, 2014, 08:59:20 PM

What do you think about the differences of how Bitcoin vs Bitshares raises funds for development?

Or are you suggesting there are no differences?

Well alot of economists say the perfect currency is one that ties supply equilibrium to that of real growth (GDP). This tries to do that in a democratic way. It's not to say that votes can't be delegated to someone making it for you, but the ability as a shareholder to vote on these things is what seperates it from our system today... otherwise it ties as a nice upgrade to our current framework.. I quite like the idea... how is it different than bitcoin? Bitcoin serves as a commodity IMO not as a currency. It can't grow supply and thus people will only spend when they have to... its very deflationary... if we change our economic framework to model it after bitcoin sure... if we want to adapt both ways without turning the world upside down I think both can work in unison... bitcoin functions as gold/currency and shares for exchanging things...

I don't know how you think bitcoin raises funds to be able to comment on what the differences are between raising funds in bitshares vs bitcoin.... The major difference I see is that funds are raised by consensus and not by individuals in power. Is bitshares the one? Maybe maybe not.. all I said was the decisions being made I like so far... its personal opinion so shouldn't mean to buy it because I said its good unless you trust my judgement. The rest time will tell. BTW the supply went 187k above the limit.. its been burned... so it's not a big thing.