Sorry, trying to get some work done today instead of spending too much time on here. :-)
So far for Foundation budget spending we have 2 million earmarked for Moviejump when he completes the video.
Foundation could use some more members, so please post your interest here regarding joining and share a little about yourself.
Will be getting some organizational stuff done for the rest of the week to help with some of the logistics of adoption.
Try to keep the coin as decentralized as you can.
The more power a foundation and a few members got the closer it is to failure.
I'm no fan of "foundations" since the scandals in which the
BTC one was involved.
My recommendation is that once the coin is healthy and the dev team has a core group working on the source repo that the foundation only works on promoting causes, adoption and other areas related to finding uses for SAT. Ultimately it is the miners/pools that have the power to accept or reject changes in a coins algorithm and that works as a check against developers.
I agree with you and the plan is good in theory.
My fear is that we might see the same things that almost happened with
BTC , and those plans the foundation had by themselves affected the trust a bit.
Happens when the dev and the promoters and the big bag holders are all in
Unfortunately nobody can predict the future.
