Joel Valenzuela
Sep 5, 2018 · 1 min read

Good read, and thanks for giving Dash a fair shake. Couple points of clarification:

— The legal trust controlled by the DAO is able to engage in contracts with, and own majority stake in, other entities as well. Also, the upcoming Dash Ventures will allow the Dash DAO to own equity in companies it finances.

— The implication (though not expressly stated) is that Dash funds one single centralized company, whose presence is virtually guaranteed, and many one-off contractors. In reality, Dash funds several consistent organizations which operate on equal “official” status as the Core team (for example my group, Dash Force), and Core has had specific initiatives rejected by the network.

— The Dash treasury is perfectly conducive to long-term employment with the right candidates. I have been working for Dash for nearly two years now (the majority of Decred’s lifespan so far) without ever having entertained the thought of working for the Core team, and several other groups have also worked independently long-term. The necessity of re-applying for funding regularly is only a challenge to those who aren’t confident in the recognized value of their contributions. But then again, this is the same with companies that hold regular performance review.

    Joel Valenzuela

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    Writer and #liberty activist. Edit The Desert Lynx, founded the @RightsBrigade, Free State Project mover (@FreeStateNH). Tweets are my own. You can't have them.