Proposal to Fork Mastercoin and Burn a portion of JR's immense stash.

[mishax1]

What threat ? you have no community to threat with.. You can try forking but I doubt the other projects would follow..

[Labteck]

the coin is already death with no future,so why not to fork?

[mishax1]

*dead

and the development never stopped. the fork will die faster.

[mr_random]

If JR purchased his stash with Bitcoin fairly then it's setting a bad precedent trying to "delete" his money.

I don't know if JR was ever in the position where he had made thousands of BTC profit from Mastercoin but if he did, it would have been smart of him to take out 20% of his profits and invest it into the future of the coin. Not sure what his current holdings are worth now.

[TinEye]

the coin is already death with no future,so why not to fork?

Because it sets a dangerous precedent. In principle its possible for the majority shareholders to cut out the minority but nobody has ever done it out of fear. For something like Mastercoin which I believe is finished, doing something like this is not worth it.

[crazy_rabbit]

It doesn't matter anymore anyway. Dead horse is dead.

[mishax1]

But.. it's not a horse, and it's not a shitcoin either..

[llildur]

Hi, i never had a chance to buy some mastercoins now seems like things are start moving forward with projects like factom or synereo involved in some how with masterprotocol i think it's a great time to invest in this project, i think that Omni has a very bright future and in some way the words of udecker has proven to be true, the most problems of counterparty at the end was the improves on the fly that was performed on their platform, i guess that this kind of things lead the resignation of the medici project maybe, anyway i am in for the long run, cheers.