Comments on: I have a problem which I don't know how to resolve. So do you. http://trilema.com/2013/i-have-a-problem-which-i-dont-know-how-to-resolve-so-do-you/ Moving targets for a fast crowd. Wed, 08 Apr 2026 04:31:10 +0000 http://polimedia.us hourly 1 By: I state problems, I receive solutions. A happiness is me. on Trilema - A blog by Mircea Popescu. http://trilema.com/2013/i-have-a-problem-which-i-dont-know-how-to-resolve-so-do-you/#comment-139275 I state problems, I receive solutions. A happiness is me. on Trilema - A blog by Mircea Popescu. Mon, 06 Jan 2020 23:47:06 +0000 http://trilema.com/?p=47358#comment-139275 [...] two months ago I was saying : The problem is simply this : dooglus does something absolutely useful for which he’s currently [...] [...] two months ago I was saying : The problem is simply this : dooglus does something absolutely useful for which he’s currently [...]

]]> By: Mircea Popescu http://trilema.com/2013/i-have-a-problem-which-i-dont-know-how-to-resolve-so-do-you/#comment-92914 Mircea Popescu Wed, 24 Apr 2013 20:59:30 +0000 http://trilema.com/?p=47358#comment-92914 This is all true. On the other hand however : 1. MPEx shares are nonvoting. I suppose you could substitute the management for the GA in that case and still make it work, but this arrangement reduces to the guy being hired by the company, just like any PR. 2. MPEx already takes some fees. Redistributing this income towards that end is probably a better solution than 1, but it is not fundamentally distinct (and in fact it's pretty much the play-pretend thing going on in the fiat world). This is all true. On the other hand however :

1. MPEx shares are nonvoting. I suppose you could substitute the management for the GA in that case and still make it work, but this arrangement reduces to the guy being hired by the company, just like any PR.

2. MPEx already takes some fees. Redistributing this income towards that end is probably a better solution than 1, but it is not fundamentally distinct (and in fact it's pretty much the play-pretend thing going on in the fiat world).

]]> By: Dr.A http://trilema.com/2013/i-have-a-problem-which-i-dont-know-how-to-resolve-so-do-you/#comment-92913 Dr.A Wed, 24 Apr 2013 20:40:33 +0000 http://trilema.com/?p=47358#comment-92913 "He processes about half the blockchain transactions (ie, the ones to and from S.DICE) in order to calculate actual site income, expenditure and net revenue and then publishes the result with daily regularity." Obviously the benefit here goes to the trading stockholders of s.dice mainly and to some extent to the "media". While non stockholders could use the graphics from "media" as a support ... i think there is close to no value there. The trading stockholders however may find useful this rapport as it allows to value the business and trade the stock. It is therefore for them to value it as a service. The "shareholder's" voice is expressed by the general assembly. The high transaction cost on individual shareholder bargaining and freeloaders make any solution other than GA determined fee or A s.dice trading platform fee on s.dice transactions an unsuitable choice. "He processes about half the blockchain transactions (ie, the ones to and from S.DICE) in order to calculate actual site income, expenditure and net revenue and then publishes the result with daily regularity."

Obviously the benefit here goes to the trading stockholders of s.dice mainly and to some extent to the "media". While non stockholders could use the graphics from "media" as a support ... i think there is close to no value there. The trading stockholders however may find useful this rapport as it allows to value the business and trade the stock. It is therefore for them to value it as a service. The "shareholder's" voice is expressed by the general assembly. The high transaction cost on individual shareholder bargaining and freeloaders make any solution other than
GA determined fee
or
A s.dice trading platform fee on s.dice transactions
an unsuitable choice.

]]> By: Mircea Popescu http://trilema.com/2013/i-have-a-problem-which-i-dont-know-how-to-resolve-so-do-you/#comment-92887 Mircea Popescu Tue, 23 Apr 2013 23:37:46 +0000 http://trilema.com/?p=47358#comment-92887 Iirc he was doing it before the IPO. Iirc he was doing it before the IPO.

]]> By: pizzaman1337 http://trilema.com/2013/i-have-a-problem-which-i-dont-know-how-to-resolve-so-do-you/#comment-92886 pizzaman1337 Tue, 23 Apr 2013 23:00:54 +0000 http://trilema.com/?p=47358#comment-92886 It's arguable that the charts dooglus makes draw more attention to S.DICE, drawing in more buyers, increasing its share price, and dooglus gets his "payment" from that. Even though the price is below where he bought, it's possible it could have been lower without his efforts. Would he still be making those charts if it were not possible to buy S.DICE shares? He wouldn't have as much of an audience, so he might not consider it. But, I don't know what his motives are. Also, the work increases his reputation as a "good guy" in the Bitcoin world. This could help him down the road. It's arguable that the charts dooglus makes draw more attention to S.DICE, drawing in more buyers, increasing its share price, and dooglus gets his "payment" from that. Even though the price is below where he bought, it's possible it could have been lower without his efforts. Would he still be making those charts if it were not possible to buy S.DICE shares? He wouldn't have as much of an audience, so he might not consider it. But, I don't know what his motives are.

Also, the work increases his reputation as a "good guy" in the Bitcoin world. This could help him down the road.

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