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RE: Community Standards for ICOs: Do's and Don'ts

in #ico8 years ago

I will ask this question just to get an understanding:

How much software/hardware development have you been directly involved in?

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None because I am not in software development.

I have financed billions of dollars of regular companies worth of various sizes. But I am not sure its relevance here given the issues at hand are organizational, structural, incentivish, legal, finance, etc. -- all areas of expertise for me.

yeah...coming back with "i financed....." because you know nothing about software development has been the biggest issues with the entire software industry. executives sitting on billions of dollars making uninformed decisions purely based on a bottom line, and knowing nothing about software development. again, i ask you to reassess your own imposition of expertise in one area due to the expertise in another, and realize that this is a logical fallacy. rocket scientists know only about rocket science. if you do not know anything about "software design", simply "funding" software design does not make you an expert enough to know the proper software design life cycle, or at which point funding is necessary. just because a bunch of people kissed your ass and never told you otherwise does not mean you have been incorrect in the past. I think too many people have done you a disservice by not telling you when and where you are out of your skill set to be making decisions because they want your money.

Cheers for the convo though!

I sincerely appreciate it!

You ever hear of "No Man's Sky"????

THAT is a prime example of what you are doing.

Top down decisions that are completely disconnected with what is happening on the ground.

Before you respond, please think about this.

because you know nothing about software development has been the biggest issues with the entire software industry. executives sitting on billions of dollars making uninformed decisions purely based on a bottom line, and knowing nothing about software development. again, i ask you to reassess your own imposition of expertise in one area due to the expertise in another, and realize that this is a logical fallacy.

No offense, this is literally my entire point about Tezos above -- the Tezos team has narrow expertise and will be building an empire whose scope is almost entirely OUTSIDE of software development. It was a foundational point to my entire piece.

My job is to be versatile and analytical and understand what happens over time in given situations and to do so when money is at stake. I'm held accountable to my decisions and judgments and I have been doing it long enough to know the quality of my past decisions and analyses. It's not squishy, feel good, or insulated from results.

just because a bunch of people kissed your ass and never told you otherwise does not mean you have been incorrect in the past. I think too many people have done you a disservice by not telling you when and where you are out of your skill set to be making decisions because they want your money.

I'm going to tell you right now that your reply shows that you are outside of your own skillset. And reread that quoted section. Is that your best?

Good luck.