this thread is to highlight a serious issue. Nyan is essentially a social experiment. An interesting one. Could something as retarded as a democratic hedge fund actually work? I always had serious doubts but i actually bought in purely through intrigue, I wanted to know. While it's inevitable, that in a one nyan one vote system the bigger share holders would hold more power, I'm concerned at how quick they were to exclude the smaller holders from the process entirely. By forming a secret back channel where members have to prove they hold at least $1k dollars worth nyan to contribute, and then moving their entire intellectual imput there, they have created all ready an apartheid system. I happen to qualify for the group but I am personally going to refuse to partake on moral grounds. To see a promising idea, corrupted this way in it's infancy tells me a lot about human nature. I stand in solidarity with the disenfranchised small holders who have now been entirely excluded by those who see themselves as fit to govern the rest.
It was always bound to happen, but..........it's very gay
An apartheid defi Hege fund
They've also made the source code private on guthub now wtf? Why?
This is probably to stop the constant forking but it is concerning. I'm also concerned by that thread yesterday, death threats aren't a good look. We could have laughed it off but an egotistical person couldn't help but attempt to boost their own reputation within the group.
Kinda goes against the ethos though?
lets be honest making the github private is going to stop a lot of people losing money to these blatant scams like hippo and kush. all they're concealing is the front end integration code, which is not required to be open source for honest dev teams. all they need to do is find the smart contracts which are still deployed in their full form on the blockchain. don't also see the problem with a private discussion channel for serious members because every single project is dragged down by small bag moonboys. what ur seeing is the formation of new necessary dao structures
Was there ever an ethos? There was an idea, and the individual will always interpret that there own way. Nyan is still nascent but crypto is a very fickle beast, cash is always going to be king. I don't agree with the presumption that crypto is a meritocracy though, that is wrong on it's face. One could easily argue that people who would put over $1000 dollars into a meme cat are actually the last people who should be deciding things on behalf of others hence my concern over this new apartheid information system
But they were never put to the vote, were they? why?
this is a very sinister and malicious perspective that is only going to steer the conversation in a biased direction. but thats clearly always been your aim
the assumption that plebs are equals is something i think you have quite clearly shown your're against in all your live commentary threads so this is just faux outrage of the libtard variety.
biased !== based. boring bait
Right, this is exactly what i'm getting at and this is why this conversation his happening anonymously. Every time someone remotely critiques anything you say in the discord or private chat you do things like label them sinister and malicious. You have a genuinely abusive character, your extremely manipulative and very insecure. it's creating a really toxic effect on all nyan conversations.
try harder race baiter.
I don't understand that comment. The only context that makes sense is in the context of trying to bully someone into silence. Same thing yesterday when you doxxed the wrong person because someone prodded your fragile ego. Is the position of Nyan that small holders are plebs and not equal?
these threads are public and there are plenty of people on these boards. im not your mate from the other thread hes quite clearly bored of you like a lot of us at this point.
Would you mind answering the question?
its quite clear to anyone with a brain u set up loaded conversations to try and force an agenda. there is no direct link to nyan holder and active participant of the fund. all telegram channels r full of noise. the premise of ur argument is some sort of schism in the nyan community between the fat cats and the small holders and its just really boring bait.
You write like a 3rd world person
Again, Is it the position of nyan that small holders are plebs and not equal?
> gets told he sets up loaded conversations
> prompts to just answer question
> responds with loaded question
> puts on his lib outrage coat when challenged
Interesting choice of insult. Does chris the nightshift worker know how you feel about people of his ethnicity?
You still aren't answering the question.
I'm confused as to why you can't answer?
Your question is bait that has no sound basis, you know this. You r also smart enough to understand that governance will dictate this. this is all emergent and iterative. you know this though beause you opened your post with 'social experiment', but now acts the fool. grow up ur smarter than this
The problem with your answer is that every one can clearly read the post. So, I shall persevere. Is it the position of nyan that small holders are plebs and not equal?
Your character name begins with c btw
your question needs elaboration. equal in what regard. decision making or profits? they are very different things but you knew this before u assked the loaded question 4 times
Equal as in as entitled to take part in the information structure as other. Please be honest here, and please don't try and pretend that the back channel set up by Nik doesn't exist as you tried to do previously because i have access to it.
De-Fi?
I think one must look deep insider yourself and ask where Verasity is headed.
information structure? what? anyone will be able to propose a bid from the front end. you know this. profits are distributed proportionally between holders and nip stakers. you know this too. what r u asking
I am asking whether excluding people from the private chat based on the size of their holdings is in the interest of the project. If people aren't able to take part in the discussion how will they ever be able to prove the worth of their ideas? You are aware of this and the fact that terms 'not equals' and 'plebs' are used adds weight to the psychology of the people involved. As I said in the op: They see themselves as fit to govern the group?
ur pro eugenics so this shouldnt be much of a problem for u. for others it mirrors the structures of our professional lives. r u actually being an outraged liberal here? i wish the gay arab was here to shout at u that was much more interesting
Again, anyone reading this can see you're avoiding the question. You said you were going to approach this in good faith, why not just keep to your word?
Seeing as you wanted to bring it up. What is your position on public death threats and mis identified doxing?
proof attached
i told u there is no problem setting up a private channel for serious discussion as most discussions descend into appeasing the fears of lower bag holders "will this reach ath again". this is not productive for anyone.
While I agree about private channels for the whole of Nyan that isn't what this is about. This is about of people within Nyan putting up a Chinese wall around the discussion.
then sell your bag and move on or propose a change to the model. its a dao and requires ur active participation to be successful. stop being a beta like the mod u mock
Also, what would say Lloyds of london think about public reps making death threats etc? Do you know if anyone bought this up with Chris personally? As you can see, I'm more than happy to be civil, if you got through the attached thread his intentional escalation in a bid to be "epic on biz". I don't think it really worked out that well for him personally.
If I sold my bags which are distributed accross seven wallets I could put Nyan to sub $30 dollars in 20 mins. I actually understand things like fund takeovers etc. As I said originally, this interests me on an ideological level.
Comedy has it's victims, I doubt he took it personally.
r u finished or is there anything else you want to discuss? u will have to take the lib outrage stuff over to reddit as it is no interest of me. found it funny if u insist