I was sort of confused at first if they meant a single holder of 15% or various holders with a total of 15%. The former, obviously, would mean that a single investor might have too much influence, which, taking block.one's decision not to buy any EOS themselves, they wouldn't want. Because according to them they wouldn't want to control anything. So why give up control only to let another have it? One who you can't be sure would take the right decisions anyway?
The latter of course is more reasonable, but might still have its drawbacks. Like a network of certain players having huge control. Obviously the main purpose of the whole thing is decentralization and check, and a sort of Proof-of-Stake mechanism.
I still don't understand why American arent allowed to hold EOS tho. Does that mean no American can own it ever?
Your confusion is my confusion. 😂
Sometimes we over analyze too. It's hard to say sometimes where to draw the line. I like to think that where there are answers, the confusion gets cleared up. Sometimes answers are hard to come by due to communication issues. Other times it's outright obfuscation. The latter never gets cleared up, while the former eventually becomes clear. I think we're working with the latter in this case and am slowly beginning to understand. Things really look quite reasonable and well balanced to me.
To answer your question, I think the American exclusion is only for the ICO period, but I'm not 100% sure.
Check this out, @cryptographic. Don't know if you've come across it. It was only built recently, tho, by a steemian.
Thank you for that. It sounds like they plan to operate on an EOS blockchain that will be a common blockchain used by all EOS DAC's, each being block producers. That seems logical, and would be even more so if there was a "core" EOS community supporting that blockchain, but with the blockchain needing to be "boot strapped" by an outside, independent entity, one wonders if that will be the start of a common chain that others will be able to join as equals, or a completely autonomous chain in and of itself.