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DETERMINISTIC OPTIMISM 🌞

A dream FOSS funding entity would really be no admin, just flow through bounty/grants using BTC.

A group of key holders would approve dispersement.

Like the fake decentralized DAOs

But I don’t know any way to hold that BTC without legal entity due to state bs and no tax receipts either.

Maybe some obscure non-profit entity type in a country like Switzerland?

HoloKat 2y ago

What if no one holds it but it’s locked up on your end and released at a certain time. Sounds like a smart contract haha. Does taproot allow for something like this? Talking without having a clue…

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Discussion

faisal 2y ago

It’s doable but how it will solve the issue nvk is implying?

HoloKat 2y ago

How is it not? Is is concerned with holding it, and I’m wondering if it’s not even necessary to hold in one fund 🤷‍♂️

faisal 2y ago

Not sure. Wouldn’t it be a form of ownership from a legal perspective?

HoloKat 2y ago

Do you set up an entity when you donate on any other online crowdfunding platform?

faisal 2y ago

Not necessarily but you’ll be considered as one

HoloKat 2y ago

Don’t think so or millions of people would not be able to use those platforms.