*frustration had on
I just checked the via richlist: there are >40 guys owning >40000 via....
What is up with you? Why are you not participating? I own a fraction of that. Are those ~>10btc you spend not worth to get involved? I really, really dont understand you. What is your motivation behind this behaviour. As an economist, I have to say that this proves that all our rationality assumptions are crap...... game theory is wrong. My fear is that Ostroms theory of collective action is also wrong as it allows for endogenous institution building which is not happening so far (on the scale that that the richlist would suggest).
Ask yourself:
- Am I a rational person? if yes, you should see the monetary incentive to get involved and build a community.
- Am I a conditional cooperator? if yes, what is the damn social threshold that gets you involved?
The latter question is more directed to myself I guess.
ps: there is no benefit of free riding. Read Hardin (1968). Externalizing your actions will push the outcome below the social optimum. Get your shit together.
* frustration had off.
edit: this post is generally directed to community participation and specifically to the lacking discussion on merged mining. Thanks to all cooperators.