This just goes back to the fundamental question of socialism and capitalism. I honestly don't mean to sound elitist, but why do we need so many people with voting powers? I can tell you now, we have people who are so vested in Dash, they deeply care about how it evolves, and take voting seriously. Their interest is in the Dash project's success. Why do more people need voting rights for what is at it's core a virtual corporation that provides a service? If you're so worried that nobody would ever sell their masternodes and only buy buy buy, I can tell you, to buy, you keep having to come up with more money. The price went up, and we've already had 50 MNs cash out (we're down 50 right now) and that can only mean new people will have the opportunity to buy in. And I submit that this will continue to happen, as it is a law of physics and it works in this case too, the law of entropy.
We only need a few people who will keep an eye out on what's going on, and evaluate proposed projects for their merit and if they think they should be funded. We have hundreds, and we definitely don't need hundreds of thousands! Especially if they're not heavily invested in Dash. If we made this currency a democracy, I promise you, everyone will vote themselves more and more coins, and we would have our initial rules recoded in no time, so we can spread the wealth, which really means, kill the value, kill innovation, kill the crypto economy and make everyone poor, just like Governments do today, except they at least have a few people that keep the lid on it, whereas, direct voting would be a fiasco.
Why does a heavily invested voter matter? Because s/he benefits from the success of Dash. If more users adopt Dash, the value of a coin goes up, s/he benefits, if people stop using dash (because of high fees, etc...) the value of a coin goes down. It behooves the Masternode owner to vote for the good of all, because that invariably is good for them. It's called enlightened self interest, and I think all the people who own masternodes are intelligent enough to get this.
But definitely not the general public. In the words of John Adams, Founding Father of the United States of America, and on a point all Founding Fathers actually agreed upon, and all having stated the same in one way or another, "Democracy never lasts long, It soon wastes, exhausts and murders itself. There was never a democracy that did not commit suicide." This is due to the tyranny of the majority. If you read a lot of people on the forums, they insist we should have a democracy, which shows how little thought the average person puts into such things.
Some people talk about how, with the internet, we could all vote on everything, and we should do away with our governmental structure. Do that and the USA will be DOA and in chaos in no time at all. Worse still, the minority, whatever, whomever they are, will be trampled on and destroyed.
We only need a few people who will keep an eye out on what's going on, and evaluate proposed projects for their merit and if they think they should be funded. We have hundreds, and we definitely don't need hundreds of thousands! Especially if they're not heavily invested in Dash. If we made this currency a democracy, I promise you, everyone will vote themselves more and more coins, and we would have our initial rules recoded in no time, so we can spread the wealth, which really means, kill the value, kill innovation, kill the crypto economy and make everyone poor, just like Governments do today, except they at least have a few people that keep the lid on it, whereas, direct voting would be a fiasco.
Why does a heavily invested voter matter? Because s/he benefits from the success of Dash. If more users adopt Dash, the value of a coin goes up, s/he benefits, if people stop using dash (because of high fees, etc...) the value of a coin goes down. It behooves the Masternode owner to vote for the good of all, because that invariably is good for them. It's called enlightened self interest, and I think all the people who own masternodes are intelligent enough to get this.
But definitely not the general public. In the words of John Adams, Founding Father of the United States of America, and on a point all Founding Fathers actually agreed upon, and all having stated the same in one way or another, "Democracy never lasts long, It soon wastes, exhausts and murders itself. There was never a democracy that did not commit suicide." This is due to the tyranny of the majority. If you read a lot of people on the forums, they insist we should have a democracy, which shows how little thought the average person puts into such things.
Some people talk about how, with the internet, we could all vote on everything, and we should do away with our governmental structure. Do that and the USA will be DOA and in chaos in no time at all. Worse still, the minority, whatever, whomever they are, will be trampled on and destroyed.
You would need a million dollars to own 5 shares.