I had written this before Jordan’s 1st post in this thread and didn’t want to see it go to waste…
[quote=Sentinelrv]This actually reminds me of what happened to my enthusiasm for politics. If you read my profile you’d know I was a big Ron Paul guy. I was really excited the 1st and 2nd time he ran, but between the media’s blackout and the Republican establishment’s dirty tricks to destroy his chances, I lost all faith in the political process. The biggest factor though was the complete ignorance and lack of care of the majority of people about the importance of the issues he was talking about. Everyone I talked to just didn’t care or were too lazy to learn more (sounds like some people we know).
I went from actively contributing and talking to people about the ideas of liberty to downgrading my opinion of humanity and keeping my ideas to myself. When Ron Paul’s son ran this cycle I just wasn’t as excited due to everything that had happened before and he actually ended up doing worse than his father. I still deeply care about the issues he talked about, but I no long have any delusions that the majority of people are going to wake up one day and realize these things, therefore I’m less inclined to go out of my way and waste time on it.
In our case, the regular forum goers are similar to the Ron Paul supporters, excited and believing in what they’re doing, working long hours for free if necessary. And the majority of NuShareholders are like the public, ignorant, lazy and not caring. While it’s very discouraging to find this same behavior in a decentralized organization, I haven’t lost all faith yet like I did with politics. The main reason is because we can still use technology like data feeds and frequency voting to subvert the negative influence of apathetic shareholders, where in real life we can’t.
Another factor which is probably increasing apathy is the lack of profit shareholders have earned since Nu started. If we were making regular profit now like we hope to be in the future, (for example, monthly dividends) I believe we would see a lot more shareholders interested in contributing, whether it’s free or paid work. It’s hard to get people to constantly work to solve problems like we’re doing when there is only a hope of reward in the future.
B&C Exchange may be a little different once it goes live and trading fees start coming in. Right now people are apathetic because there is nothing for them to do. Once they start getting rewarded on a regular basis, I would imagine they would want to do what they can to protect that revenue stream and become more involved, though it could be wishful thinking on my part as well.
The same can’t be said about Nu at the moment, since it’s mostly all work with no immediate reward, unless of course you ask for compensation. Anyway, I hope that we can find a way to reduce the negative influence of apathetic shareholders, whether through subversion techniques like data feeds and frequency voting or punishment tactics like share dilution.[/quote]
Now that Jordan has responded, I’m willing to go along with default data feeds to try and subvert the negative influence of apathetic minters. Let’s see how that solution works out before we resort to more extreme measures such as dilution. Once Nu 2.2 releases with this feature, it would probably be a good idea for more data feed providers to pop up. We don’t want feeds to be too centralized.