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The GLBSE and Decentralization (Bitcoin)
- socrates1024 16y agoGreat article, it presents one example of how a small business could use issue shares to reward employees with meaningful ownership of the company. Current exchange systems (a) don't allow meaningful ownership (voting is too inconvenient to matter), (b) are only good for large public corporations (GLBSE is free), and (c) don't properly dilute over time to give new shareholders the chance to catch up. Could you give a different example of how a small business would use GLBSE for capitalization by selling shares to investors - like a cross between angel investing and kickstarter?
- premchai21 16y agoFWIW, the main article has "GLBSE", not "GBLSE".
- kiba 16y agoFixed.
- mrschwabe 16y agoThis is exactly the kind of lateral thinking we need to forge the next great entrepreneurial platform... one that is decentralized, open source, and not inherently shackled by politics.