Sat Dec 05, 2015 6:18 pm

Hey Anthony,



Regarding the last year at least of vitriol against developers and others in the Bitcoin space trying to scale and improve on the Bitcoin protocol... how can Ethereum avoid that as it switches to CASPER PoS and the Ethereum Foundation transitions to a DAO (distributed autonomous organization)?



At DevCon1 Vinay Gupta warned us about the failures of the cypherpunks. He warned us about the need to fund public goods with the long tail of Ethereum as the initial funding spike depletes. I fear altruism won't be enough for what we hope to achieve as a community. I am personally in favour of either skimming transaction fees as a tax and/or inflation to fund public goods. This train of thought tends to be anathema in the bitcoin space, but if these tithes are guided by prediction markets in a futarchy I think they could have positive ROI on the market cap; making it worthwhile to still hold and stake Ether. With currency agnosticism in the pipeline, users will be able to pay tx fees in stablecoins, the btc subcoin, or other asset based tokens. So if the futarchy makes bad decisions, only Stakers will be punished by devaluation of Ether as users move to alternatives.



What are your thoughts on all this and how do you see the governance problem being solved in the long term to avoid the "Tragedy of the Commons" that I fear is strangling Bitcoin?