You are viewing a single comment's thread from:
RE: BSIP-019 Draft: "Introducing profit sharing/dividends to Bitshares"
I would not like to see exchanges receive dividends but technically they "own" bitshares stock and are therefore entitled to them if we do have any. Maybe this could be a good thing when people who hold BTS in exchanges realize they aren't getting their dividends it would disincentivise them from keeping the tokens there.
On one hand, excluding exchanges from distribution somewhat goes against the principles of decentralization, no? That we'd be controlling who was able to earn profit on bitshares.. on the other hand, you're entirely right that it would be a disincentive for users to hold their tokens on exchanges.
you are right. I would not like to see the exchanges earn dividends because they do not participate in the network. But this is not something you should try to control for as every owner of every coin is entitled to their share, and if people willingly give their share to exchanges - well that's that then.