Investing in Feathercoins
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Well said MrWyrm, that’s what I was trying to say. :)
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whats CIC stand for?
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Community Interest Company
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This wiki link tells you all about what a CIC is
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Wow that seems pretty complex but likley no more so than a normal company. Although there seems to be an annual fee which is charged when you submit your annual report which is mandatory. It could work though :)
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What? registering with authority? asking their permission? help me out here, I’m very tired, is that what I’m reading?
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What? registering with authority? asking their permission? help me out here, I’m very tired, is that what I’m reading?
Not feathercoin itself.
An interest group that can be used to help and promote feathercoin, but the CIC will not own feathercoin, nor be held responsible for feathercoin.
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Think of it more of a gateway between the old and the new world if that makes it easier to swallow. Whilst there are merchants, suppliers, general public or developers who deal in fiat we need an organisation which adds an extra layer of trust and can exist within the boundaries of the current law where we operate. Because for most people, handing over their cash, donating or dealing with faceless organisations is still a worry.
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Not feathercoin itself.
An interest group that can be used to help and promote feathercoin, but the CIC will not own feathercoin, nor be held responsible for feathercoin.
This is an important point. Feathercoin the technology and Feathercoin the ‘foundation’ would be two very separate entities. But the hope would be that the foundation could better facilitate donations, because of it’s accountability. The foundation would be there to assist, and nothing more.
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Huston, 2005, p. 51, sec. “Amplifying approach”, second paragraph:
“Philosophically, this exploration requires a shift in our focus: away from pushing against
republican systems to pulling ourselves toward a new, higher-level political system.” -
panoramix, sorry, could you clarify what you mean by that please? :)
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Huston, 2005, p. 51, sec. “Amplifying approach”, second paragraph:
“Philosophically, this exploration requires a shift in our focus: away from pushing against
republican systems to pulling ourselves toward a new, higher-level political system.”Boom epic quote!
Ignore them, build the trust around the network, surely you shouldn’t even be considering building bonds to FIAT worlds?
You all keep clinging to a corrupt and dying system, and it is dying.
A new system requires new rules
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panoramix, sorry, could you clarify what you mean by that please? :)
That was my response to Flodbeth’s polarizing post against “authorities”. Jan Huston invested a lot of time and thought into the design of desirable sociopolitical system evolution and distilled it into a paper. So instead of discussing for years, we can just achive a lot of shared understanding by reading the paper. That’s work he has done for us, without knowing who we are.
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Link then please ??
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I already provided the link once, in “Off topic” section. But I consider this is not so much off topic for us, considering that I know of no other [r]evolution theorist with the same level of dedication, and I did search. Nick Bostrom from Oxford is damn good, probably better than Huston, but his studies are on higher level and not directly concerned with sociopolitical [r]evolution. Here is the link:
http://www.jfs.tku.edu.tw/10.2.35.pdf
Jan Huston also published an earlier paper in 1992. Since then, the things he said are looking less and less like fantasy and more and more like reality.
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You did not find reason. If our development, marketing, there is good progress, the price is likely to stabilize.We need to avoid the problem of the exchange center.They may increase the coins in the trading system database,Then sell coins, profit interests.So I’m interested in NXT methods,BTSX is also a good choice.
In addition,I think we need fund for paying devs.
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Boom epic quote!
Ignore them, build the trust around the network, surely you shouldn’t even be considering building bonds to FIAT worlds?
You all keep clinging to a corrupt and dying system, and it is dying.
A new system requires new rules
Let’s not be foolish for the sake of ideology. This is the middle way.
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Nothing foolish about looking for workarounds to a broken and dying system, foolish is embracing it with an integrity based system.
I’m tired of fighting the world, go ahead, let the powers that be wreck the greatest opportunity humankind has had in decades. I don’t expect many of you will understand my ways of thinking, but that’s cool, you’ll catch up eventually ;)
I don’t want to argue, nor am I going to bother discussing it anymore, I know it’s a waste of my time, I’m outnumbered 7 billion to 1. I’ll stay quiet from now on, bite my tongue, I shall go back to being a good little sheep. Apologies to you all for daring to be so foolish.
Good luck with whatever you all decide
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@Flobdeth I wouldn’t take anything personally this is just a discussion and we are essentially a mini democracy and its unlikely we can agree on everything.
I like the CIC idea (although we may be able to go full charity which would mean tax breaks)
I think one reason to set one up (or even just a standard company) would be to shield ourselves from the government and tax office as if we start to do anything with fiat investments or moving fiat around we may be liable for tax and it can get pretty serious pretty fast. We can still have all the same ideals and ideas etc but we would also have an official standing in the eyes of the law.
I know this may not be everyones ideal scenario but if we just treat it like a hurdle we must climb to get to where we want it may be easier to handle.
