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Jonny Mack
@nonlinear.eth
is ethereum owned, co-owned, public, or something else? interesting discussion with @shazow.eth curious to hear what others think https://warpcast.com/nonlinear.eth/0xe21fe9d2
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Jon "JonnyRingo" Williams⚰️
@jonnyringo.eth
I would have to say co-owned because the operators of the network share in the profits accrued from the networks use. It's hard to say you don't have a stake in ownership of some form if you are directly earning from the use of said product(like a stakeholder/part owner)
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dawufi
@dawufi
stakeholder yes, owner no
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Jon "JonnyRingo" Williams⚰️
@jonnyringo.eth
Calling them stakeholders implies it is one-sided like a VC investment, but they are able to make decisions with their stake directly affecting the network which makes them closer to a shareholders.
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dawufi
@dawufi
if everyone is still listening to the whims of a few, and there's no way to effect change or destroy - that doesn't clear my bar for ownership average shareholders do not co-own either in my opinion fwiw
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Jon "JonnyRingo" Williams⚰️
@jonnyringo.eth
So basically- it's not decentralized enough to call operators owners as they can't effectively make changes themselves without the consent of the few?
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dawufi
@dawufi
decentralization is a shaky term here if two people own 50% of an LLC I'd consider that co-owned, if not decentralized but yes that's the crux of my argument , verbiage hiccups aside
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