I understand that giving a percentage of the company to investors is the way modern venture capital works, but attempting to create a global currency and then giving 10% to a handful of investors seems like a bit too much centralization right out of the gate. Given the current state of the economy, I have no doubt that the majority of the wealth will eventually be centralized in the hands of a few, but I don't think we need to start there.
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I understand that giving a percentage of the company to investors is the way modern venture capital works, but attempting to create a global currency and then giving 10% to a handful of investors seems like a bit too much centralization right out of the gate. Given the current state of the economy, I have no doubt that the majority of the wealth will eventually be centralized in the hands of a few, but I don't think we need to start there.