Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 31/12/2014, 23:53:09 UTC
We've already gone over this with your poor memory. Gavin works for a  non profit and gets paid modestly I'd  bet.  Certainly not the $500k Adam was throwing around earlier (which makes me wonder what Blockstream is paying their core devs).

Yeah that figure comes from memory if you google around there was someone offering Jackson Palmer $500 or $600k to develop and market dogecoin.  He told them to go away as it was a joke.  Unfortunately the dogecoiners havent realised the joke yet Smiley  I believe I heard others were offered similar amounts to develop an alt-coin.  (I dont think that would be no-strings - they'd own a defined share of the premine, and there would be multiple developers to run the project for a period of time in the budget).

However its very likely the case that people working at blockstream, including myself, could've made more pay going to the dark side and starting their own alts, or taking money from unscrupulous people to start pyramid pump & dump scams.  However they have ethical problems with that.  It also probably helps them avoid sharing a jail cell with the pump & dumpers Smiley

We also want to be constructive and think bitcoin is where the future is.  Good things dont magically happen someone has to design and code them.  Thats why we co-founded blockstream to go do those things.

So that was partly why I mentioned it because people were saying, but they'll be beholden to the company for pay so they can eat etc.  Screw that they walked away from more money doing alt-coin crap - ie they already demonstrated willingness to walk away from things they think are unethical.

Adam


sure but that's all subject to interpretation.  Greg has said that you guys have been granted stock options.  clearly there is an incentive to make those go up and that means making a profit.  why didn't you guys consider forming a non-profit at reasonable salaries.  that way no one could accuse you of any of this in the first place.