From this and some of the other threads I have read regarding GLBSE, you guys kinda seem out for blood. Though I don't know Nefario, I can definitely sympathize with having too many projects on the go and not being able to devote all the time needed. As well, anybody that has been involved in a bitcoin based business or idea, sure they were gung ho when it was 15-20$ but the negative sentiment sure bumps people down a peg (myself incluided). Life takes over, whats paying your bills, today, has to take precedence again.. Add to that, if he was infact in a accident, and has recovery ontop of it?? I think working with the existing GLBSE (or at least trying to extend an olive branch), seeing what the roadmap looks like (if any) and seeing if there is any common ground between what is being discussed here and what is already slated for production is a good start.
I have read alot of Nefarios past posts and such because the GLBSE really intrigued me. Like I said in my original post, decentralization of this thing seems like a natural progression to me, and I don't think based on some of the very interesting topics Nefario has talked about etc, that it isn't already in the works or at least on paper.. I do not think "the plan" has even started yet, this is alpha level stuff. I am not saying don't start any new projects.. I am just saying, don't fragment further what is already very small and half broken without giving it a chance. The reason why the GLBSE volume is peanuts is because of the lack of trust, if a bunch of different "stock exchanges" come up, well, who is going to invest?
If any of the core GLBSE crew would like to chime in on this, we're all ears. I mean if the project is not going to be further developed by the creator, then hopefully hethey gives it to the community to develop further. Again though, these things do not happen over night... Nefario has talked about open sourcing the GLBSE in the past, if when he does, I think the first logical step is to get an alpha up using a blockchain backend. After that we could worry about which chain. My personal thoughts would lean towards it's own chain utilizing merged mining.. There would be network level transaction fees, and the network would operate at a very low level just like bitcoin, just enough to faciliate transactions and not interfere in anyones business. Broker sites can give users the nice fluffy interface they're after and charge a premium on that to monetize their sites etc.. Premium features = premium fees, etc etc..
Moving a couple companies to an alternate "stock exchange" at the stage of the game though, I think it will set us back quite a bit. Even more so then glbse dying once a week or something. However, I sure would like to get some type of commitment from GLBSE management that they aren't just going to up and shut down or on a whim because there is no time or money or something. As alpha as it is, there is still a metric shit ton of peoples livelihood already tied up in it.. and it is too late too call it quits, if they aren''t going to run it, it has to be given to the community. They couldn't even issue "refunds" if they wanted too..
I couldn't agree more, m8. Incentivise not demonstranize, community peoples.....
