Good point! I’ll have to think about this. Am I being inconsistent? That’s a real possibility.
I’ll “type outloud” while I’m trying to understand two topics:
- paying Strategic Councilors
(CAVEAT: I notice references to the ZF Board. I haven’t really thought about that Board, and I’m not sure anything I am saying here is relevant to it. I mean maybe it is, I have made some pretty general assertions, but… I wasn’t thinking about it when I inflamed… err… instigated… err… initiated this thread.)
On the one hand I’m talking about how that amorphous thing,
“The Zcash community” should be allowed to vote.
On the Voting Issue:
I don’t know that weighting in proportion to Zcash stake is the best mechanism. I am curious to hear about alternative schemes.
If there is a proposal that the significance, the weight, of a vote should not be proportional to the amount of Zcash held,
then I’d like to know what the proposed alternative mechanism is.
What should that weight be proportional to?
How should its significance be measured?
I think @gojomo has asserted that Stake-Weighting ought to be a factor. I’m going to advocate for the “pure” Stake-Weighting option.
I believe the following are two properties of Stake-Weighting (thanks to @gojomo for introducing me to the term):
- It’s easy to understand and (tongue withdrawn from cheek, relatively) easy to implement.
- All-Other-Considerations being set aside for the moment, I assert (and would be interested in examining this assertion for flaws!) that an agent’s interest in ZEC is proportional to its ability to stake.
Per The Issue of Paying Councilors:
I think there are two important reasons to pay Councilors:
- The position should be open to those who aren’t independently wealthy (I define independently wealthy relative to global income, which incidentally probably means that, all ZF Board members are independently wealthy.).
- Councilors interests should be explicitly, directly, and quantifiably aligned with the value of ZEC.
I think that the second point, that decisions should be aligned with the value of ZEC is the same both in the case of voting, and in the case of paying Councilors in ZEC. Soo… in my own opinion, I am consistent in these two positions. Which seems suspicious… but, there it is.
Oh… also, I think being “time-rich” is being “independently wealthy”. I subscribe to the Nassim Taleb defintion of wealth:
“Wealth is the ability to not think about money.”