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401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 23, 2018, 11:25:22 AM
 EN SEARCH ON SWISSINFO MENU
BERLIN BUST-UP
Switzerland tarred by fresh crypto scandal
By Matthew Allen

SCI & TECH BUSINESS
IN DEPTH: FINTECH SWITZERLAND
 Reuse article
THIS CONTENT WAS PUBLISHED ON MAY 18, 2018 2:55 PMMAY 18, 2018 - 14:55
envion logo
Envion established in Switzerland to take advantage of its regulatory environment

(Envion)
A scandal that erupted at a newly-formed $100 million German cryptocurrency project has spilled across the border into Switzerland, threatening the reputation of the growing Swiss crypto scene.

The row bears some of the hallmarks of the recent Tezos scandal that brought unwanted global attention to the self-styled Crypto Valley in canton Zug. In this case the key actors are German and the dispute may end up in the Berlin courts. But the fact that the company was established in Baar last October does not bode well for the Swiss.

The Envion cryptocurrency mining project chose Switzerland to take advantage of a more favourable regulatory environment than that which exists in Germany or other parts of the world, the company’s CEO told swissinfo.ch.

Earlier this year, Envion raised $100 million (CHF100 million) from investors in an initial coin offering (ICO). The start-up aims to build mobile containers that are designed to be hooked up to renewable energy sources to mint cryptocurrencies.

Contested takeover
But problems between the company’s founders and Envion’s CEO, former German television journalist Matthias Woestmann, started shortly after the ICO was completed. Both sides accuse the other of fraudulent activity, leaving investors wondering whether the cryptotokens they purchased will be worth anything in future.

The founding team, led by Michael Luckow, accuse Woestmann of illegally wresting control of Envion through a covert capital increase that diluted their holding from 81% to 33%. He is then said to have transferred a majority of shares to his lawyer. The founders have complained to the Berlin courts about this manoeuvre.
402  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 21, 2018, 01:49:06 PM
The lawsuits are bullshit money grabbers  END OF STORY ..
So not to worry your heads over BUMS
403  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 21, 2018, 01:47:56 PM
Its time we fight back against the ridiculous lawsuits taking place. The lawsuits are causing the damage they are suing against. Roll Eyes

Lawyers who are trying to sue Tezos i YAWN..

In the uk it's not banned at all so release when RYAN TF says so ..
Once code audit done then we release ..

Arthur B  cannot say when release because he is just coding because he has to wait 2 years before that guy
opens his mouth ..

Ryan is the one with the power to release TEZOS and that's what he will do  Wink
As soon as Audit done on the code ..

And the fact NO ONE  mentioned the lawsuits makes me wonder MORE BULLSHIT ..

So stop worrying TEZOS will be released     take no notice of bullshit talk  ..

I find it very funny the lawsuits started straight away as soon as the ICO was finished as if to try and pocket the funds Wink.< FRAUD by the lawyers CRONIES who put these scumbags up to filing a lawsuit ..

I want to know who the plaintiffs are because i think FRAUD  going on by the lawyers ..
The lawyers are bringing a case for CRONIES so they will have a case against them..

6 plaintiffs against 29,994 none plaintiffs seems very fishy indeed ..

See the ICO people who set the ICO up could also be the scumbags trying to pull a fast one on everyone
in a criminal computer scam fraud deception ..

Not saying it's true BUT i am watching for this action though just in case ..
Then 29k file a lawsuit for some asses to be in jail ..GEVERS being 1 plus PONZI DUDE..

PONZI DUDE   he cut and run WHY?  Because it got to HOT?  maybe maybe not
BUT  i got my eye on you mate ..I will ask the UK government to file for your asses to be in court
plus CANADA wants you GEVERS for running and not paying your debts ..

See from the very start to fuck a 250 million dollar project from the get go is very fishy indeed ..
plus they only wanted 20 million to make TEZOS so they gt 10 times that amount and still
FUCKED IT UP ..  GREEDY FUCKERS..

Now don't be blaming each other get this token out because they done the same with BITCOIN
it's banned no it's not it's banned no it's not same old bullshit..

They cannot stop it because it's a utility token ..
Also like bitcoin if i am a shop owner i can sell MY YES MY goods and swap them for what ever token i like
it's my shop they are my goods and i will do what i want with them ..

If i want to except bottle caps i will they are my goods..

Now the second i try and swap for currency as in cash government cash then yes i am liable for taxes
but not until i swap for cash ..

I could have 1million bitcoin they are worthless until i exchange for cash ..
now if i swap for goods that's between me and the shop owner like if he was to except bottle caps
for goods they are his or her goods and can swap with what ever he wants as long as it's not swapping for drugs ..

A crypto is a computer token to be used as WHO KNOWS ?  not many do Cheesy

Except me popcorn1 Cheesy..

most just like trading but i don't boring   i want to see some technology made by blockchains that
will help humanity THEN get rich if possible but still not certain because crypto goes up and down
and some stay down never to go back up only to die..

And TEZOS could die   Even though it wont it could do?  that's the gamble we all took ..
But at least get token out so we had a gamble and not a steal..
404  Other / Politics & Society / A charity pay me $600k a year and the rest i will donate to the needy . on: May 18, 2018, 11:11:16 PM
David Miliband earns £425,000-a-year as head of refugee charity ...
https://www.ibtimes.co.uk/david-miliband-earns-425000-year-head-refugee-charity-in...
1 Jan 2016 - David Miliband's job is to oversee humanitarian aid and ... (£425,000) a year by the refugee charity International Rescue, it has been claimed.

So what these BUMS do is ask for DONATIONS from the public for the needy and they are the needy ones
they look after first ..

So the CHARITY is to help the David miliband family and the rest can go on the needy ..
Also my staff are on 40 to 50k  how many who knows BUT at least some goes to the real needy
doesn't it Roll Eyes..

And just think he wants us to stay in the EU  Cheesy Cheesy  I wonder why Roll Eyes..

GREEDY LITTLE RAT..
405  Other / Politics & Society / Re: Socialism vs capitalism ,which one is good for us ?? on: May 18, 2018, 10:29:13 PM
Lets do some more FREE WILL   FREE CHOICE ..

1,200 people are killed each year over sneakers — Quartz
https://qz.com/554784/1200-people-are-killed-each-year-over-sneakers/
20 Nov 2015 - And while each fatal incident may seem like a freak occurrence, sneaker-motivated deaths can mount over time. An estimated 1,200 people die over sneakers every year, according to a video posted Nov. 14 by GQ magazine. ... In particular, critics have accused basketball legend Michael ...

I feel a SONG COMING.. Grin

Fluffy clouds and candy floss makes the world feel boss
fluffy clouds and candy floss
fluffy clouds and candy floss

If only the world was fluffy clouds and candy floss
we would all feel really really boss


I will finish the rest of the song when the world turns to fluffy clouds and candy floss td whiles the world then maybe we can have free choice  when we have fluffy clouds and candy floss..

And whiles the world turns into a capitalism globe we will expect many more dying for someone else stinky trainers < Shot in the head for STINKY TRAINERS ..

So ENJOY this FREE CHOICE because it sure does sound very crazy..< shoot you for trainers < Free choice.

No but i am well off and that's not right?..

Trading Places - "Winthorpe As Santa - (HD) - Scenes from the 80s ...
Video for trading places christmas scene▶ 0:22
https://www.youtube.com/watch?v=ykqq6ZSyFGU
22 Jan 2016 - Uploaded by Scenes From the 80s
Trading Places - "Winthorpe As Santa - (HD) - Scenes from the 80s - (1983) ... Winthorpe has just left the ..
406  Other / Politics & Society / European Union pays £200k year for everyone who owns 1 thousand Acre on: May 18, 2018, 10:09:43 PM
So have a guess who owns 1 thousand acres in the EUROPEAN UNION..

Bilderberg Group Opposition to British Euroscepticism - Bilderberg ...
www.bilderbergconspiracy.com/bilderberg-group-opposition-to-british-euroscepticism/
All regular Bilderbergers, working toward a centralised superstate taking all powers ... (fellow Bilderberg member) Michael Heseltine, ..

Michael Heseltine,  Plus how many other of his CRONIES ?  get kickbacks from our hard work while they
talk BULLSHIT..

Fury as Peter Mandelson offers to advise EU negotiators on how to ...
https://www.thesun.co.uk/.../fury-as-peter-mandelson-offers-to-advise-eu-negotiators-on...
22 Jan 2018 - BREXITEERS have furiously hit out at Remainer Lord Mandelson after he emerged he secretly offered to help the EU in Brexit talks.

Bilderberg Group? No conspiracy, just the most influential group in the ...
https://www.telegraph.co.uk/.../Bilderberg-Group-No-conspiracy-just-the-most-influenti...
6 Jun 2013 - “The abuse is terrible,” said Peter Mandelson, leading the walking party .... He attended the first Bilderberg meeting in 1954 and sat on the ..^^^

All the super rich own plenty of ACRES and get free monies from our hard work
AS IF THEY ALREADY DON'T HAVE ENOUGH        THEY WANT MORE..

They pretend to create jobs when they destroy jobs by keeping their shitty products ONLY..
Then make laws so we pay back to their pockets ..

Example ..
I get a EU politician to make ID cards that everyone needs to pay 10 pounds for in order for you to walk around the streets ..
I give the company who makes them 5 pounds and i split the rest with my EU cronies ..
1 billion id cards 5 billion for the CRONIES to lavish on<<The POLITICAL BUMS..
407  Other / Politics & Society / Will all MEP MP Lords show the whole of Europe what you get from our taxes ? on: May 18, 2018, 09:43:24 PM
Can everyone in power show all the people of Europe what you get from our Taxes ..

Your pension pots ..
Your benefits ..
Your perks..
Your free homes
Your free private schools for your families not ours ..
Your wages ..

Show everyone WHY you are trying so hard to keep us in a GANGSTERS PROTECTION money racket ..
But have you seen the state of them all Cheesy..

PEE WEE HERMAN telling us he wants protection money Cheesy

The EU is a protection racket for the MPs  LORDS  MEPs and what ever leaders they have in Europe BUT
must be many political BUMS all over Europe though ..

To all MEPs  go and get a SHOVEL and dig you lazy bullshit talkers and see what real work is  Wink..
I am sick of UNELECTED pee wee hermans telling ME yes ME what to fucking do ..

NOW FUCK OFF  Angry  You unelected BUMS  ,..  House of LORDS abolish it..

We will vote a SENATE like poor mary who knows what real people want..
408  Other / Politics & Society / Re: Socialism vs capitalism ,which one is good for us ?? on: May 18, 2018, 09:33:07 PM
socialism vrs. capitalism
The 21st century is dominated by free trade and multinational corporations who are principal agents who produce and goods and services. This gives us (consumers) a variety of goods and services to choose from for satisfaction which allows for the efficient operation of the forces of demand. Contrary to Socialism which has the central government at the heart of the economic affairs.This limits consumers freedom to trade and choice of goods and services to consume. Capitalism has government afraid of their increasingly reduction of sovereignty.This is evident in the initial rejection  of  the cryptocurrency by the world governing bodies . So I would like to ask anyone regardless of their predisposition, which do you prefer, a system of freedom of choice  or one of constant interference and scrutiny by the government? PONDER OVER THIS
You cannot have free choice        no such thing unless you want chaos ..

I want laws made by elected people who know what they talk about ..
Not some unelected bullshit talker who promises you the world then turns out to be a scumbag political
bum thief ..

Freedom of choice is i will kill you and take your monies  Wink WHY NOT?  it's my free choice?..

Now everyone PONDER OVER THAT Kiss
409  Other / Politics & Society / Re: Socialism vs capitalism ,which one is good for us ?? on: May 18, 2018, 08:56:51 PM
Capitalism the few benefit < The rich get richer until they suck it all up collapsing the currency ..

Socialism the many get by < Borrow high taxes until it's all gone then it collapses ..

communism everyone the same < A trained pilot on the same as an unskilled bin man in the end it collapses
because why should i train and learn and be on the same as someone who doesn't ..

None of the 3 can survive all on their own ..
Need to mix all 3 for the world to keep turning ..

A universal income for everyone will make this planet way way better just the greedy who have it all cannot see this because they love people being DOWN Wink..

10k starting point to live every year when we reach 21 years old ..
10k doesn't make you rich just helps for the domestic things in life so we can find better jobs or even do a job for £20 extra a day plus your 10k  makes life so much better ..

Yes but it's OK for a POLITICIAN to be on 100k for talking complete bullshit..

Some of those MPs have been put there by parents ..KINNOCK robbing scum ..

410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 18, 2018, 07:46:49 PM
Do i know what blockchain is or does ?..

Does Tiger woods make golf clubs?
Does Lewis Hamilton make racing cars?
Does Mike Tyson make boxing gloves?

So are you telling me your going to tell those chaps above how to use them or how they are used?..
I don't think so Wink..

Same with me with blockchain..

I once opened the back of a machine and in order for it to work properly it had 3 chains making it work
even though it was only 1 machine ..

Sometimes more than 1 cog to make things go around..

So enjoy the ride Grin..

411  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 17, 2018, 01:33:01 AM
On the news the question is WHY do we want to go to MARS?

If you don't know why then your THICK AS POO Cheesy

Also the way we are going about going to mars is BULLSHIT Roll Eyes..
But what the hell i do me own job don't get billions in funding to bullshit people   if my house falls down i get sued..
Not ICO CRYPTO  Angry Angry..

1 thing i must say many are just bullshit ICO talk without any real use FACT 98% of crypto is BULLSHIT..
FACT..

Good to pass monies from A to B but then what else ?..
How are they designed to be simple so poor mary can use it?  ..

Some clever clogs  oh look what i have built   what is it   a blockchain   so how do we use it Hmm
never thought of that Cheesy Cheesy..< To clever but dumb Wink
412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 17, 2018, 01:23:50 AM
Can anyone build a blockchain that they promise to do before an ICO ?

You go to work come home and work on project with a group of people for 4 years then say look what we got then show us all your tricks you built   THEN ask for ICO for the tokens ?

Then we know no BULLSHIT ..ERC20   CIRCLE COIN   WHY Angry Angry..

How do you trade the suppose 1 dollar circle coin ?..
So in order for it to be 1 dollar and stay 1 dollar it must not be traded for the pump and dump?..

Now what can all your FUCKING SHIT COINS DO   ?

THAT MY MIND CANNOT THINK OF..I would wipe you out I BREATH BLOCKCHAIN Kiss..

what it's purpose   will it last    why will it   come on tell me Kiss

What's your plan why is it your plan what will it do for humanity will it help rip us off what will it do tell me..

Will it catch loads of wind if i climb a tall tree ?..

I have a speech .. Tall tails fails the many not the few..
413  Other / Politics & Society / Re: The EU and the Irish border . on: May 16, 2018, 11:34:18 PM
Now like i said in my deleted POST ..

poor mary don't make the rules   so if mad MUSLIMS  want to blow concerts with kids in REMEMBER the politicians make the rules poor mary doesn't
so why blame her in a shopping mall ? ..

2 police officers in the house of commons today ..2 pawns on a chess board for the political elite ..They don't give to shits about your asses ..

So why all the cuts then ? Mind you been none in LONDON ..

You cause all the problems then pretend it's not your fault ..

LABOUR and TORIES are a shower of shit ..Wouldn't waste my energy voting for anyone..

Oh and you do deserve all the abuse you get FOR TALKING BULLSHIT ..

BLAH BLAH BLAH BLAH where is my monies<<< A politician ..

I have come up with more ideas in the past 5 years and been paid nothing than you shower of shit..
414  Other / Politics & Society / Re: The EU and the Irish border . on: May 16, 2018, 11:26:25 PM
You deleted me for saying things about politicians  Cheesy..

THEY ARE THE KILLERS ..

Thousands of patients die while waiting to go home from hospital ...
metro.co.uk › UK › Health
7 Jan 2018 - New figures have been released suggesting thousands of patients die in hospital while waiting to go home.

Thousands of cancer patients are dying in hospital 'when they would ...
https://www.thesun.co.uk/.../thousands-of-cancer-patients-are-dying-in-hospital-when-th...
28 Apr 2017 - TENS of thousands of cancer patients are dying in hospital against their wishes, a damning report claims. It reveals that only one per cent of ...
NHS SHAME: Thousands dying without water or pain relief, shocking ...
https://www.express.co.uk › News › UK
31 Mar 2016 - NHS SHAME: Thousands dying without water or pain relief, shocking ... More than 200,000 patients die in hospital in England every year but ...
thousands of cancer patients die in hospital against their wishes
https://www.macmillan.org.uk/.../thousands-of-cancer-patients-die-in-hospital-against-...
28 Apr 2017 - THOUSANDS OF CANCER PATIENTS DIE IN HOSPITAL AGAINST THEIR WISHES. End the taboo: We need to talk more about death so ...


JEREMY HUNT   just bought some nice apartments  Wink..NURSES are stressed to the max..
415  Other / Politics & Society / Re: The EU and the Irish border . on: May 16, 2018, 11:21:11 PM
I have never ever seen so much political bums in all my life ..

Mind you because of the internet we can see it all     in all it's glory .. always been going on even down to killing young boys for sex those evil lot..

Here is POLITICIANS FOR YOU..

The shameful secret of Britain's lost children: Tens of thousands of ...
https://www.independent.co.uk/.../the-shameful-secret-of-britains-lost-children-tens-of...
12 Jul 1993 - Now they are trying to piece together lives shattered in the name of the empire. ... The children were told their parents were dead. In fact ... Britain doesn't send four-year-olds out on boats to Australia. ... A two-part drama series, The Leaving of Liverpool, which begins on BBC 1 this Thursday at 9.30pm, may

Child migrants forcibly sent to Australia from UK after WWII to be ... - ABC
www.abc.net.au/news/2018-03-02/uk-children-sent-to-australia-after.../9501646
1 Mar 2018 - They were sent to a Catholic institution known as Bindoon Boys Town. "We were 60 miles from Perth," he told the BBC. ... 25 per cent of the kids who were at the school with me have died, and since I gave that evidence more ...
416  Other / Politics & Society / The EU and the Irish border . on: May 16, 2018, 11:18:07 PM
To IRELAND  what do you do if a lorry has loads of drugs guns cheap booze smokes crossing NORTH or SOUTH do you just let them flow to and fro
without any checks?..

Now if you don't check THEN what's the problem with ITALIAN PASTA if your not bothered by drugs guns and what not why are you bothered by PASTA ?
So fuck the guns and drugs quick pasta is bad lets check Cheesy Cheesy..

Now if you say we do check for drugs and guns THEN what's the problem with checking whiles your there for pasta ? Wink

I mean most don't worry about goods they worry for drugs and guns YES or NO ?..

So what's all with the BREXIT we voted out so why are you letting a border get in the way when no need for border you must check some lorries for drugs YES or NO ?  ..

The MEDIA has blagged you thick sculls to believing it will be bad for you when it wont ..
Computers are the middle men  no need for POLITICAL BUM MIDDLEMEN BACKHANDER THIEVES ..

Go online and do BUSINESS ..FUCK THE EU   middlemen gangsters ..BUMS TOO Wink..

We want a UNIVERSAL INCOME    Grin  Everyone gets 10k starting point to live..

Ed Miliband on universal basic income - BBC Newsnight - YouTube
Video for ed miliband universal basic income▶ 5:30
https://www.youtube.com/watch?v=ccZ53UVhYxk
19 Feb 2018 - Uploaded by BBC Newsnight
Kirsty Wark is joined by former Labour leader Ed Miliband to discuss the idea of a universal basic income ..


MPs  get free 100k free private schools  free home   WE WANT 10K Wink..

You politicians talk shit for 100k ..

YOU POLITICIANS   PUT THESE LOT IN     WHY    BECAUSE YOUR SO FUCKING LAZY ..

Carillion is no one-off scandal. Neoliberalism will bring many more ...
https://www.theguardian.com/.../carillion-scandal-neoliberalism-public-services-profit
1 hour ago - 'Recklessness, hubris and greed' describes the entire system of delivering essential public services through profit-driven companies, says

I cannot be bothered i will outsource the public jobs to private TWATS..
417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 16, 2018, 10:31:59 PM
Ryan well done for CAMBRIDGE  Grin...Smart move  Wink

Computer Laboratory, University of Cambridge
4.4 stars out of 5 ..

You done me proud  Wink..I like the young learning .. Kiss

I will ring them up and ask have they been funded Wink..

I will say it's the BOSS of TEZOS Cheesy Cheesy has Ryan funded ones university  Grin..
Joke Ryan we are both the BOSS Wink Cheesy Cheesy  just joking Cheesy Cheesy  BUT i will be ringing in about 2 months see how they are doing..
It is my money donated after all Roll Eyes..

BUT well done Ryan another great display of your TF leadership  Wink..
418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 16, 2018, 10:24:59 PM
Sent my IDEA to ARTHUR   i just sent him a PM   2 weeks i tell the world if no feed back ..

See what they thinks about the voting system ..I thinks it's a very good idea BUT as we all know some people get carried away like CIRCLE COIN Cheesy Roll Eyes Roll Eyes Roll Eyes..More bullshit coins with false promises ..

THE CIRCLE COIN Cheesy..

I should be paid large amounts of bitcoins to be a consultant for bad tokens i can spot them a mile away..

Why can i because i can read the future and if your coin talks future i know if it's true or not Wink..

Rocket boots to mars Wink  POssible?  Wink Cheesy Cheesy..

And i will keep my really good idea until TEZOS is released ..
419  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 11, 2018, 11:11:22 PM
lexxor79000 3 points 11 hours ago
This is a great idea to be investigated  ..I like the way everyone is trying to think of how to make things even better instead of LAMBO Wink ..

We make things better THEN lambo Grin..

Now all your voting ideas are all WRONG  Cheesy..My way is the best  Wink WHY you ask  because mine is FUN
and sometimes my fun can make you RICH Wink..

The delegation services are staying in and the delegation vote is staying BUT we are going to do something after the delegation vote that's FAIR to everyone Wink

But the DELEGATION SERVICES and the DELEGATION is staying in   it makes no difference i solved the problem ..

Mind you even ETH could use the IDEA to sort problems out so no hard forks Wink..

I will PM arthur tomorrow then if no feed back from idea i will tell the world in 2 weeks what it is and others can do it..They will because why wouldn't you.. Undecided

Mind you sometimes people get wrapped up in a bad idea that's good to them but not others ..
Like on dragons den Cheesy Cheesy..

But i thinks it a great idea  LIKE MY payment app to pay bob Grin Cheesy Kiss.

Someone wanted to pay people for rain Cheesy Cheesy..<Bad idea Cheesy Cheesy..


Keep thinking of ideas     it's great to see them   no matter how mad they sound lets all see
you never know 1 idea could be a turning point in history  Wink..

Also don't forget to climb tall trees          you catch more wind Wink Cheesy Cheesy
420  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: May 11, 2018, 10:56:09 PM
A (possibly crazy) idea: lock up your Tezos to increase voting power (self.tezos)

submitted 13 hours ago * by a_random_user27

Take what I’m about to suggest with a grain of salt: this is more brainstorming than a fully thought out idea.

Suppose you could lock up your XTZ for t years, with the benefit that your voting power is multiplied by f(t). By this I mean that every vote you cast on protocol upgrades results in f(t) votes instead.

A reasonable function might be f(t)=min(2*sqrt(t),10). In other words:

You double your voting power by locking up your Tezos for one year.
You quadruple your voting power by locking up your Tezos for four years.
Your voting power is multiplied by 8 if you lock up your Tezos for 16 years.
Other functions f(t) may be better; this f(t) incentivizes people to lock up their XTZ for a few years, but after that diminishing returns set in.

What problem is this trying to solve? It makes sure voting decisions are based on what’s good for the protocol long-term.

This is a real problem: coinholders may favor decisions that are good only in the short-term if they are looking to sell after a quick bump. Examples of such decisions might be :

Excessive spending on marketing.
Announcements of meaningless partnerships.
Even right now on this forum, there are some voices who have expressed the opinion that Tezos should hurry it’s code audit. This is good in the short term if you are looking to dump your holdings on launch day but potentially destructive if a critical bug is found later on.
Even if the majority of coinholders are motivated by the long-term performance of the protocol, in the face of a genuine disagreement a minority that focuses on short-term gains may end up swinging the vote; this protocol change decreases the probability of this event.

An additional benefit would be a likely increase in price that comes from a significant fraction of XTZ being locked up. The relevant analogy is the ETH hodl contract. This would especially be the case if an arms race emerges, e.g., organization A locks up a small amount of XTZ for 25 years, organization B responds by doing the same, and it escalates from there. On the other hand, if we want to avoid such arms races (though I don't see why we would), we could always choose a function f(t) that is never above 2 or 3, or some other small number, e.g., f(t) = min(t/2, 3).

Although not everyone may agree here, expectations of future price increases are good for the protocol, especially at an early stage.

A downside of this rule would be an exacerbation of the decentralization problem: I would expect a fairly small number of coinholders (perhaps ~10%) to lock up their coins for a long time in a bid to control key decisions about the protocol.

On the other hand, this would also incentivize the same coinholders to be strongly invested in the long-term future of Tezos. The analogy is something like ConsenSys, which is hiring hundreds of people to work on ETH.

What do you think? This idea is a little "out there," but it seems like it has some desirable qualities. What are additional upsides/downsides? And would other functions f(t) work better, or would the scheme work better with some tweaks?
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