"okay guys we'll use your better code, but you still need to pay me $7,889,400 per year! I need a personal ATM" (paraphrased) - Amaury Sechet, ABC, Dictator

And as the price rises, 8% of the block reward would become more and more absurd. E.g., if BCH went to 10k do you really think Amaury will be developing? No, he would be spending his time enjoying retirement on his own private island enjoying 262 MILLION USD PER YEAR.

But let me remind you of something fundamental. A single users address should never ever be put directly into the protocol. Not Satoshi's, not Gavin's not anyone's. Peer-to-peer electronic cash has been completely compromised if someone has that much power to create their own ATM without doing any work. And as far as work goes, Amaury is not working as hard as other devs in this space. He's stealing their code without attribution, modifying it and calling it good.

submitted by /u/Annapurna317
[link] [comments]

source https://www.reddit.com/r/btc/comments/i53v1t/okay_guys_well_use_your_better_code_but_you_still/