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RE: Grand Unified Political Theory - Anarchy, Libertarianism, Capitalism, and Socialism
What if Earth, Inc. was created / established by somebody or something? And this entity took right to the majority of the genesis shares?
What if they did? That is a good question! I think it would impact adoption if they took too much or to little at genesis.
a pre-mine by the devs would be an arbitrary appropriation of the worlds resources bigger than their birthright, a landgrab without consensus.
it kind of defeats the purpose of the coin. it would be looked upon like a dubious money making scheme by the devs. In this case personally I wouldn't support it and a clone would likely pop up with no premine.
I'm sure there could be other ways to fund development ( a dedicated steemit account which ppl will upvote to fund devs?) , or some sort of foundation to fund development could be setup , maybe making the whole thing a DAO.
I really think if it is launched "pure" the community itself will support and promote this coin like no other. the coin could spur political movements and changes like we never seen before, but not if there's an entity which seized at genesis more than its birthright. it would then be the same as the current property system, an house of cards based on an initial act of aggression.
comon Dan do this one for the history books, profits will still come from the recognition and reputation of being the creator etc
Thanks for your reply. They / or better said / this entity could claim it has that the right to these shares because of some initial input. I won't go into how this initial input was obtained.
This could skew the whole system and impact the adoption as you've put it.
The balancing act :)
This hypothesis is detailed in an episode of the cartoon "Rick and Morty." Rick creates a world that he taxes for electricity to keep his battery charged.
"took right to" ??? Sentence construction - what does this mean?
a) the entity claimed a right to the majority of genesis shares
b) the entity immediately made a claim for the majority of genesis shares
c) ?
OK, I'll put it this way: