LOL!!! I think they can bring value to the ecosystem.
SNET ecosystem is a hurricane (hurrycane?) that could suck up resources (intellect, financial, hardware, etc) from the global community. Any net positive should be welcomed 🥂
Not on the back of a bunch of broken promises, late night short notice, cobbled together deals that conveniently forgot to include the “supervisory council“… I don’t know why that’s not a big deal… You wonder why there’s a supervisory council if they’re not allowed to participate in things like this The community certainly wasn’t participating when this whole thing was pushed together by a bunch of individuals with a whole host of perverse incentives. And we’re just supposed to all come together and sing Kumbaya and allow to be …first, combined with other communities with their own incentives, concede to a bunch of FETCH executives that just want to cash out because they were borderline bankrupt six months ago, ignore a bunch of middle men and dealmakers that all get paid on the back end of this deal… Yeah, what’s not to like.
Reminds me of how kids throw tantrums and paroxysms when their desires are not met...😄
I think you’re correct in your assessment of the situation by and large. I also see the difficulties of guiding a project in its infancy to the point where it has a solid foundation on which to be truly decentralized and democratic. Everything we do in an investment space is future facing and none of us know the future for certain, so there is a bit of faith involved when making decisions. I understand the recent changes has set off alarm bells in your mind, and I must admit that your ability to detect BS is greater than everyone here most likely so I personally take heed and seriously consider your perspective at all times. On the other hand, I (and probably others as well) still believe that the project will mature over time and eventually realize its stated mission. All due respect to you Nick 🫡 and if I or anybody else turn out to be wrong in this situation, I’d like to say I appreciate you for trying to warn us 🙏🏾
Not only him, some of us have been trying to convey the message that the terms of the whole operation do not match up with a well structured, well studied, decentralised merger. And I do think that if the team is up for a YES and they own a significant amount of AGIX there is no chance the vote is going to be NO if they get in.
Very understandable! The issue to me seems to be that democracy isn’t that great of a form of governance if the people voting are uninformed/misinformed (which crypto is riddled with). Therefore deferring to experts such as @bengoertzel is often the best strategy, however that goes against the philosophy in which this space is supposed to operate (democratic and decentralized). I’m sure Ben knows more about what it takes to get to AGI and ASI than probably all of us put together (at the moment) and perhaps heavily allowing him to influence the growth of the project in it’s delicate infancy stage seems to make sense. The question becomes, how do we get to the point where the team can truly relinquish majority of the control to the community and it be in good hands? I do agree with the rest of the community that we need more transparency and an opportunity to speak before any major decisions are made because that dialog is necessary to educate the community so that we can become an informed democracy. Moving forward I want the team to hear us out, I want the team to be fully transparent (except in violation of NDAs), and I want the team to give us as much time as possible when considering changes. And everyone should keep in mind that the best form of governance is not to bully the vote with tokens but to have open dialogue and bully the vote with superior insight.
This is a great post. Well put together
Yea it’s tough to balance between expertise (which can and has often been corrupted throughout history) and empower a community with voting power (whom are often not as educated about a subject)
Thanks for your reply. What we have to understand is that with the rush the might have overlooked things like this. https://t.me/c/2095960906/1813 Or at least it does not seem they have commented on it. Only, Peter replied what henthought of my question. But having a vision paper without tackling one of the most important changes and putative loses for AGIX holders in the conversionto ASI, as is it utility power, is almost a negligence. I will still love Ben and his general vision. He is the type of human that must be leading the change of era. That doesn't mean he is infalible. And we are, here as community also to support him in those rear occasion where he might not be right.
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